Gold prices have rebounded sharply since the lows around $4,100 recorded in the middle of the war in the Middle East, and are now approaching the key level of $4,800. Once relied upon as a safe haven and inflation hedge, gold failed to display either of these attributes as the US and Israel attacked Iran. […]

The post Gold price approaches critical level of $4,800 appeared first on UK Investor Magazine.

Oil prices rose on Thursday after the largest drop since the pandemic in the previous session, following news that the US and Iran had reached a ceasefire agreement. However, this ceasefire looks vulnerable amid ongoing attacks on Lebanon by Israel that Iran says violate the terms of their agreement with the United States. As a […]

The post Oil prices bounce back on ceasefire uncertainty appeared first on UK Investor Magazine.

Oil prices tumbled on Wednesday after the US and Iran agreed to a temporary 2-week ceasefire and reopening of the Strait of Hormuz.  A last-minute agreement brokered by Pakistan averted Donald Trump’s promise to bomb civilian infrastructure while achieving the free flow of oil from the Middle East. The US and Iran will engage in […]

The post Oil prices sink as US and Iran agree ceasefire appeared first on UK Investor Magazine.

Automated forex trading has come a long way, but MetaTrader 4 expert advisors are still everywhere. Even as newer tech and platforms pop up, traders keep coming back to them. Here’s why. Look at any modern financial market, automation is baked in. Whether it’s a big hedge fund or just someone trading from home, algorithms […]

The post Why MT4 expert advisors remain popular in automated forex trading appeared first on UK Investor Magazine.

Oil prices were on the rise on Thursday despite the IEA ordering the release of 400 million barrels of reserves onto the market. The IEA oil reserve release was one of the very few tools available to stabilise oil markets. And it doesn’t seem to have had the desired effect. Brent Crude rose above $100 […]

The post Oil prices rise above $100 despite IEA oil reserve release appeared first on UK Investor Magazine.

Oil prices surged on Monday after Iran named a new supreme leader, and the Strait of Hormuz remained closed, curtailing the transit of oil out of the Middle East. Both WTI and Brent oil were trading above $100 at the time of writing on Monday, after the benchmarks soared through the psychological $100 mark overnight […]

The post Oil prices rocket through $100 amid Middle East supply fears appeared first on UK Investor Magazine.

Oil and gas prices rose on Tuesday after the Iranian Revolutionary Guard threatened to set fire to any ships attempting to pass through the Strait of Hormuz. With the Strait of Hormuz accounting for around 20% to 30% of the world’s oil and gas transit, any prolonged disruption to transit could have a deep impact […]

The post Oil prices rise after Strait of Hormuz threats appeared first on UK Investor Magazine.

Artificial intelligence (AI) isn’t just another tech buzzword in trading circles anymore. It’s quickly turning into the driving force behind smarter, quicker and more flexible automated forex strategies. Both retail and institutional traders are starting to rethink how they approach the currency markets. The foreign exchange market has always been about speed and precision. With […]

The post Automated forex strategy optimisation through AI is the new frontier for traders appeared first on UK Investor Magazine.

Retail FX used to feel like a different sport from the one banks and hedge funds played. Same market, different tools. Institutional desks leaned on systematic execution, tight controls, and repeatable processes. Retail traders relied on screens, judgement, and a handful of indicators. That gap has started to close. Intelligent Forex software now packages parts […]

The post Intelligent Forex Software and Institutional-Grade Automation appeared first on UK Investor Magazine.

Oil prices surged 10% on Monday as traders reacted to the war in the Middle East and the potential for significant supply disruption from routes that account for around 20% of the world’s oil supply. Brent Crude was trading 10% higher at $80.12 at the time of writing, while US WTI benchmark oil surged 9% […]

The post Oil prices spike 10% higher with Middle East supply in focus appeared first on UK Investor Magazine.

Automation is really no longer a secondary aspect of the forex trading environment. Instead, it is changing the very nature of the marketplace, from the speed of execution to the real-time management of risk. The world is one of constant data flow and diminishing profit margins. The digital strategy is no longer a choice; it’s […]

The post Automation on Modern Forex Trading Strategies appeared first on UK Investor Magazine.

Gold and silver were sharply lower again on Monday as dollar strength and concerns about over-buying through derivatives and ETFs sent the precious metals lower for a second straight session. Gold sank as low as $4,422 in the early hours of Monday’s session, having traded above $5,600 at the end of last week. Silver was […]

The post Has gold and silver volatility presented a buying opportunity? appeared first on UK Investor Magazine.

Oil prices rose on Thursday after Trump said a ‘massive armada’ was heading towards Iran as the US President increased pressure on the regime to agree a nuclear deal. Brent crude prices were 1.7% higher at $69.61 at the time of writing. WTI rose 1.96% $64.45. “US naval and air forces are building up in […]

The post Oil prices jump as Trump says armada heading to Iran appeared first on UK Investor Magazine.

Sterling weakness, shifting inflation expectations, and heightened macroeconomic uncertainty have prompted UK investors to reassess the role of alternative assets in diversified portfolios. Gold and cryptocurrency now sit alongside traditional foreign exchange hedges as tools to manage the complex interplay between currency risk, global market volatility, and domestic political events. As these dynamics converge, the […]

The post UK Market Dynamics in Gold, Sterling & Cryptocurrency   appeared first on UK Investor Magazine.

Volatility has always been a defining characteristic of the cryptocurrency market, but for UK traders today, the stakes feel even higher. Prices can rise or fall within minutes, global sentiment shifts overnight, and exchange rates between digital assets and the pound now play a far bigger role in determining real-world gains or losses. As digital […]

The post Understanding Crypto Volatility: Why Exchange Rates Matter More Than Ever for UK Traders appeared first on UK Investor Magazine.

An off ramp payments gateway for Web3 is a bridge that allows businesses to convert on-chain revenue into real-world money and pay out the funds to users, partners, or their own bank account. Rather than requiring teams to manually transfer funds from wallets to exchanges and then banks, this gateway automates the entire “crypto to fiat” leg, […]

The post Web3 payments gateway for off-ramp payouts appeared first on UK Investor Magazine.

A Bitcoin payment processor is a service that assists merchants who are accepting Bitcoin and other cryptocurrencies, by converting that revenue stream into a clear, predictable cash flow. Rather than manage wallets and blockchain confirmations directly, the business links its website or app to a processor that generates payment details, following transactions on the network, updating order […]

The post Simplifying Crypto Payments: How Bitcoin Payment Processors Streamline Transactions for Merchants appeared first on UK Investor Magazine.

Bitcoin prices are consolidating recent gains that saw the cryptocurrency fail to attack recent highs around $125,000. The outlook for Bitcoin looks increasingly hazy after a massive liquidation of leveraged cryptocurrencies left many traders licking their wounds and likley hesitant to take on as much risk as they did before the great unwind in September. […]

The post Bitcoin stablises near $113,000 with no clear catalyst for further gains appeared first on UK Investor Magazine.

As cryptocurrencies gain broader acceptance in the UK, more investors are seeking trustworthy platforms to trade digital assets effectively. The rise in popularity of Bitcoin, Ethereum, and other altcoins has led to a surge in trading activity, prompting a need for platforms that combine regulatory compliance, security, and ease of use. With the market offering […]

The post What to Look for When Choosing a Crypto Platform as a UK Investor appeared first on UK Investor Magazine.

Spread betting is a popular speculative investment in the UK due to its tax advantages and flexibility. As a result, a lot of investors in this region would be looking to add it to their portfolio. If you’re one of these individuals and you’re exhausted from sorting through the endless supply of spread betting platforms, […]

The post Exploring The Best Spread Betting Platforms in the UK  appeared first on UK Investor Magazine.

Gold prices have rebounded following a bout of heavy selling as investors cashed in on gold’s bumper rally driven by a weaker dollar. Gold bugs will be encouraged to see such a swift correction, which was quickly bought into, preventing any major downside in the precious metal. “Gold has just rebounded from around $3,717/oz after […]

The post Gold price rebounds after correction appeared first on UK Investor Magazine.

Oil prices have found support after Ukrainian attacks on Russian oil facilities raised the prospect of oil supply disruption. Hopes of increased growth after the Fed cuts rates are also fuelling oil bulls. Brent oil was trading at $68.29 at the time of writing. The latest strike on Russian oil facilities is unlikely to cause […]

The post Oil price firms on Russian oil facility attack and economic growth hopes appeared first on UK Investor Magazine.

Gold’s remarkable rally has continued this week as investors position themselves for an interest rate cut by the central bank amid a slowing jobs market. The gold price was last trading at $3,685 after trading a few dollars higher at a fresh record high overnight. With some investment banks calling for a 50 bps rate […]

The post Gold price hits new record ahead of Fed meeting appeared first on UK Investor Magazine.

The UK is in the grips of a slowdown induced by higher National Insurance and low consumer confidence, caused in large part by the government’s approach to economic policy. The UK produced zero growth in July after growing 0.4% in June and falling 0.1% in May. In addition to rising taxes, UK growth is still […]

The post Pound falls as UK GDP growth evaporates amid tax hikes appeared first on UK Investor Magazine.

Hopes of a Federal Reserve rate cut next week are driving the gold price higher with a series of record highs recorded in recent days. Gold was last trading at $3,648 as investors positioned for action from the Fed to help stem a slowdown in job creation that threatens the growth outlook for the world’s […]

The post Gold price hits fresh record high as Fed rate cut bets rise appeared first on UK Investor Magazine.

by Russell Shor The Dollar and Gold are Related For much of market history, the dollar and gold have moved in opposite directions. When the greenback strengthens, the precious metal often falters; when the dollar weakens, gold tends to shine. There are exceptions, of course, but the inverse link remains a defining feature of their […]

The post What the dollar’s decline reveals about gold’s rally appeared first on UK Investor Magazine.

The gold price broke through $3,400 yesterday to trade at the highest point since the Jackson Hole symposium, as the dollar weakened further and geopolitical risk helped provide support for the price. “In yesterday’s session, gold broke above the psychological threshold of $3,400/oz, marking a new high since the Jackson Hole symposium,” explained Linh Tran, […]

The post Gold breaks through $3,400 as dollar drives price higher appeared first on UK Investor Magazine.

Bitcoin’s price can change dramatically in just a few hours, leaving many people wondering what causes these wild swings. If you’re new to cryptocurrency, understanding what moves Bitcoin’s price can help you make better decisions about when to buy or sell. Unlike traditional stocks that represent company ownership, Bitcoin’s value comes from different factors. Think […]

The post What affects Bitcoin’s price? Learn to read the market appeared first on UK Investor Magazine.

Gold prices have established a base just below the $3,400 mark as investors remain committed to the precious metal in the face of a weakening US jobs market and the Federal Reserve’s anticipated rate cut. Gold was trading at $3,375 at the time of writing. “Gold has surged in recent sessions and is holding above […]

The post Gold price remains elevated as US economy softens appeared first on UK Investor Magazine.

The oil price was steady on Friday after a two-day rally for Brent and WTI, driven by disappointment about Trump’s failure to advance the Ukraine peace process. WTI was trading up 0.3% at $63.75 at the time of writing, while Brent was 0.2% higher at $67.86. “The lack of progress on a Putin-Zelenskiy summit and […]

The post Oil prices steady after two-day rally appeared first on UK Investor Magazine.

USD/JPY consolidated on Friday after a period of dollar strength sparked a 150 pip rally in the pair. The Yen has weakened significantly against the dollar in recent sessions as perceived paths of interest rates diverged amid strong US PPI and doubts around a rate cut in September. “The USD/JPY pair has experienced a significant […]

The post USD/JPY consolidates after 150 pip rally appeared first on UK Investor Magazine.

A weaker dollar is driving gold higher after inflation data almost nailed on a rate cut by the Federal Reserve in September. Interest rate traders are now pricing a full 25 bps cut in September, while some politicians are calling for a 50 bps cut. “In short, the dovish repricing of Fed policy expectations continued, […]

The post Weaker dollar boosts gold as markets price in rate cuts appeared first on UK Investor Magazine.

The evolving world of cryptocurrency in the UK is marked by complex regulations that investors must navigate carefully. Compliance with these regulations ensures not only legal security but also enhances market credibility. Understanding these regulations is crucial for anyone looking to diversify their investment portfolio. The UK cryptocurrency market presents a maze of regulations that […]

The post Understanding the regulatory landscape for UK investors in digital assets appeared first on UK Investor Magazine.

A sense of calm set in on Monday as equities rose and gold prices fell with geopolitical risk and macro concerns easing. The gold price was trading at $3,347 at the time of writing, notably lower than the highs around here $3,400 a couple of trading sessions ago. “Gold fell sharply in yesterday’s trading session, […]

The post Gold retreats as macro risks ease appeared first on UK Investor Magazine.

For aspiring traders, one of the biggest hurdles isn’t developing a strategy; it’s access to capital. Traditional paths into the markets often require deep pockets, high risk tolerance, or industry connections. That’s where proprietary trading firms (prop firms) come in.  Prop firms provide traders with the opportunity to trade company capital and share in the […]

The post Best Prop Firms to Start Your Trading Career appeared first on UK Investor Magazine.

Gold is moving back up towards record highs after another week of turbulence on the macro front, which is driving traders back into the safe haven. Trade tariffs continue to influence the gold price, with Trump slapping a 50% tariff on India despite making deals with most other major economies. The gold price was trading […]

The post Gold inches back towards record highs appeared first on UK Investor Magazine.

Oil prices were fairly steady on Monday as investors took stock of a busy week for US economic data and central bank action last week, which saw the Brent oil prices swing dramatically within a relatively tight range. Having traded between $82 – $59 this year, the Brent trading range is beginning to tighten, reflecting […]

The post Oil price awaits fresh catalysts as range bound trade continues appeared first on UK Investor Magazine.

The dollar sank against other major currencies on Friday after Non-Farm Payrolls missed expectations. Dollar weakness was exacerbated by dramatic revisions down in prior months’ readings that culminated in the US economy adding just over 100,000 jobs over a 3-month period. The headline jobs reading for July came in at 73,000 jobs added, falling way […]

The post Dollar sinks after dismal Non Farm Payrolls, GBP/USD jumps appeared first on UK Investor Magazine.

The dollar surged against other major currencies overnight after the Federal Reserve Chair Jerome Powell delivered a hawkish press conference following the decision to keep rates on hold. Despite US GDP growth rebounding to 3% yesterday, the Fed is taking a cautious approach to inflation, downplaying the prospect of near-term rate cuts, and the dollar […]

The post Dollar rallies after Powell’s hawkish press conference appeared first on UK Investor Magazine.

Foreign exchange traders favoured the Yen against the dollar going into this evening’s Federal Reserve interest rate decision, with the prospect of a hint at rate cuts later in the year. The Federal Reserve is not expected to cut rates this evening. Today’s recovery in the Yen against the dollar follows a week of dollar […]

The post USD/JPY drops ahead of Fed interest rate decision appeared first on UK Investor Magazine.

Oil prices stabilised on Wednesday following a sharp two-day rally driven by Donald Trump’s accelerated timeline for Russia to agree a truce in Ukraine. The US president said he would implement secondary tariffs on countries buying oil from Russia after the 10-day deadline. Brent Crude quickly rallied from around $68 a barrel to over $73, […]

The post Oil prices stabilise after Trump’s warning to Russia appeared first on UK Investor Magazine.

Bitcoin is trading in a tight range above $118,000 as trader awaits further catalysts to spark a move in the cryptocurrency space. Digital assets responded positively to the recent plethora of trade agreements with Bitcoin knocking on the door of $120,000, but failing to break through the critical resistance level. “Today’s muted price action comes […]

The post Bitcoin steady above $118,000 ahead of key risk events appeared first on UK Investor Magazine.

Gold and EUR/USD fell on Monday as the dollar strengthened following the announcement of the EU/US trade deal. Gold extended declines as the safe-haven trade lost its appeal and the dollar rallied. “Gold has experienced three consecutive sessions of decline, shedding nearly $100/oz from its recent peak around $3,440/oz,” said Linh Tran, Market Analyst at XS.com. […]

The post Gold and EUR/USD fall as EU/US trade deal announced appeared first on UK Investor Magazine.

The Japanese Yen was slightly weaker against the dollar on Wednesday after the announcement of a 15% trade tariff on Japanese imports to the US. The Yen had rallied against the dollar in the initial market reaction to the trade deal, but was quickly sold into by traders. 15% tariffs are significantly better than the […]

The post Yen steady after Japan-US trade deal announcement appeared first on UK Investor Magazine.

Gold was closing in on another fresh record high on Wednesday after breaking back through the $3,400 mark. The combination of geopolitical risks and central bank buying is driving prices higher with technicals supporting further gains in the near term.  “Since bottoming out around $3,245/oz, gold has experienced an impressive rally, supported by several long-term […]

The post Gold closes in on record highs appeared first on UK Investor Magazine.

Gold prices are holding steady near all-time highs, as a weakening dollar provides support for precious metals even as risk sentiment improves. Strength in risk assets, such as equities, continues, but gold is showing no signs of substantial retracement as a soft dollar keeps gold prices in the region of $3,400. “The precious metals complex […]

The post Gold prices hover near all time highs amid dollar weakness appeared first on UK Investor Magazine.

Bitcoin smashed through $120,000 on Monday to trade at a fresh record high as traders geared up for ‘crypto week’ in the US amid inflows into Bitcoin ETF. Congress will debate the future of cryptocurrency and its integration into mainstream finance this week. The GENIUS act could see the formation of a framework for pegging […]

The post Bitcoin smashes through $120,000 to all time high ahead of ‘crypto week’ appeared first on UK Investor Magazine.

The evolution of digital technology in financial services has reshaped the way investors approach global markets. As payment systems rapidly modernise, market participants are presented with both new opportunities and emerging risks. Amid this dynamic environment, staying informed about innovations in payment infrastructure is essential for investors seeking to navigate the complexities of international transactions. […]

The post Digital Transformation in Global Payment Systems: Opportunities for Investors appeared first on UK Investor Magazine.

The advent of fully funded accounts has transformed the trading environment, making it more accessible for new entrants and reshaping traditional pathways into the industry. This article explores the rise of such accounts, their implications for traders, and the associated risks and opportunities. The Rise of Prop Trading Firms Offering Fully Funded Accounts Over recent […]

The post Fully Funded Accounts: A New Era for Prop Traders appeared first on UK Investor Magazine.

The United Kingdom recently communicated new crypto reporting guidelines for cryptocurrency companies and asset providers in the country. The crypto ecosystem in the UK and other countries went from being a fringe part of the financial ecosystem to an integral part of the country’s financial space. Talks of outlawing digital currencies are now a thing […]

The post Fresh Crypto Reporting Regime Set To Go Into Effect in the UK  appeared first on UK Investor Magazine.

The pound rose against the dollar on Friday morning after UK retail sales grew 0.4% in March, smashing expectations of a 0.4% decline on a month-on-month basis. The news will be welcomed, but the uplift could prove to be transitory, with the increased spending likely a result of better weather driving consumers out to the […]

The post Pound rallies after UK Retail sales record surprising growth in March appeared first on UK Investor Magazine.

The pound pared gains against the dollar on Wednesday after UK CPI fell to 2.6% and piled pressure on the Bank of England to cut interest rates. March inflation of 2.6% was lower than February’s reading of 2.8% and 3% in January. “Today’s inflation figures suggest a fragile but promising momentum – a second month […]

The post Interest rate cuts on the horizon after UK CPI falls appeared first on UK Investor Magazine.

Prop trading firms give traders access to company capital to trade in financial markets. In return, traders must prove they can manage risk and generate profits. Passing a prop trading evaluation is the first step to getting funded, but many traders struggle to meet the required standards.   This guide will break down the key areas […]

The post How to Pass a Prop Trading Evaluation appeared first on UK Investor Magazine.

Gold hit another fresh all-time record high on Friday with the spot price touching $3,079 before profit takers stepped in to send the price marginally below record levels. Over the past year, the rally in gold has been powered by increasing global political risk and inflation concerns. However, today’s record high is mostly the consequence […]

The post Gold hits fresh record high as tariff concerns drive safehaven trade appeared first on UK Investor Magazine.

The rapid growth of technology has reshaped investment strategies, placing artificial intelligence (AI) at the centre of this transformation. Financial professionals are increasingly using advanced tools to refine decision-making and manage portfolios effectively. AI enables investors to analyse extensive datasets, identify patterns, and make precise choices that improve results. Leveraging AI for investment strategies enhances […]

The post The Role of Artificial Intelligence in Modern Investment Strategies appeared first on UK Investor Magazine.

Trading is changing. In 2025, new technology, changing regulations and market upheaval means that we’re entering a period of uncertainty, and traders and investors are having to ajdust to this change. So how do you find the best strategies and platforms to navigate the complexities of the financial markets in 2025?  Selecting the Right CFD […]

The post Trading in 2025: Navigating the Future of Financial Markets  appeared first on UK Investor Magazine.

Panmure Gordon is more negative about the prospects for gold and silver than many commentators. However, it has identified two picks in the AIM gold mining sector. Following the US Presidential election the gold price fell by up to 10% and it has generally been trading in the $2,600-$2,700/ounce following a US interest rate cut. […]

The post Two gold mining picks even if there is a price decline appeared first on UK Investor Magazine.

The global economy relies heavily on seamless cross-border payment systems, making them a lucrative opportunity for investors.  With increasing demand for cross-border payments, businesses and individuals require efficient, cost-effective, cheap, and secure ways to make borderless payments. This demand has catalysed significant growth and innovation in the cross-border payment industry. For investors in the UK, […]

The post Exploring Investment Opportunities in Cross-Border Payment Solutions appeared first on UK Investor Magazine.

Trading in the foreign exchange market requires more than just technical analysis and chart patterns. A well-structured routine built around a forex calendar can mean the difference between consistent profits and costly mistakes. By organising your trading week around key economic events, you can make more informed decisions and better manage your risk exposure. The […]

The post Building a Weekly Trading Routine Around Your Forex Calendar appeared first on UK Investor Magazine.

Central banks have a big impact on global markets, including currency markets.  Their decisions directly impact how investors approach global markets and risk.  In this article we’ll look at how central bank decisions impact investment strategies and why you should stay up to date with what they do.  Central Banks and Financial Markets  Central banks […]

The post How Central Bank Policies in Forex Markets Impact Global Investment Strategies appeared first on UK Investor Magazine.

Gold prices fell again on Tuesday after a cratering fall on Monday as traders unwound their hedging trades after the US election. Gold surged in the run-up to the election on a mix of concerns about Trump’s inflationary policies and broader safe-haven positioning, which saw gold break to fresh highs on numerous occasions. With the […]

The post Gold prices sink as the safe haven trade loses its shine  appeared first on UK Investor Magazine.

The pound rose against the dollar and the euro on Friday after September’s UK retail sales came in much better than expected. UK retail sales were expected to fall by 0.3% in September. However, the resilience of the UK consumer has made the economists that make these predictions look a little silly with the actual […]

The post Pound jumps as UK retail sales rise more than expected appeared first on UK Investor Magazine.

As the Paris Olympics close, following Tom Cruise’s abseiling into the Stade de France as an effort to wave in the 2028 Los Angeles games, there remains a big question over the value of Going For Gold.  In a report by Oxford Economics, the leader in global forecasting and quantitative analysis, it is claimed that […]

The post The Paris Olympics – Are The Medals Worth The Effort?  appeared first on UK Investor Magazine.

Forex trading is extremely popular – it’s a great opportunity for those wanting to generate profit. Today, we explore a common query among traders: How profitable can Forex trading truly be? Gaining an Understanding of Forex Forex, short for foreign exchange, revolves around the trading of currencies. Its appeal lies in its accessibility and potential […]

The post How Profitable Can Forex Trading Be? appeared first on UK Investor Magazine.

Oil prices spiked higher overnight after the US warned Iran could be planning an imminent attack in retaliation for a missile strike on its consulate in Syria. Any action would risk a dangerous escalation in the Middle East, and oil prices jumped higher to reflect the potential risk to supply. Analysts are uncertain of the […]

The post Oil prices spike on Iran attack threat appeared first on UK Investor Magazine.

Gold hit another fresh record high on Monday as traders digested a raft of economic data and prepared for central bank action later in the week. Gold was trading at $2,336 at the time of writing, retreating slightly from highs above $2,340. The gold rally is at odds with Western equity markets, which have also […]

The post Gold hits another fresh record high as traders assess US jobs implications appeared first on UK Investor Magazine.

Oil prices rose on Tuesday after Israel launched an air strike on an Iranian embassy in Syria over the weekend.  The strike has raised fears of retaliation by Iran and an escalation in the Middle Eastern conflict that could disrupt oil supply. Brent oil futures were trading 1.48% higher at $88.71 and WTI rose 1.58% […]

The post Oil prices rise on Middle East tensions appeared first on UK Investor Magazine.

Oil was slightly firmer on Tuesday, showing the first signs of recovery following a sharp drop on Monday. WTI Crude was up 0.61%, while Brent was up by 1.02% at the time of writing on Tuesday. “The main focus for the market has been heightened tensions across the Middle East. Last week, the US and […]

The post Oil is firmer after Monday’s drop appeared first on UK Investor Magazine.

Oil doesn’t seem able to catch a sustained bid as prices dipped on Monday despite concerns about the Middle East conflict disrupting crude supply. Following a 2% gain in oil benchmarks last week, Brent Crude was down by 1.21%, while WTI Crude was down by 1.35% at the time of writing on Monday. “Crude oil […]

The post Oil dips despite Middle East tensions appeared first on UK Investor Magazine.

The Securities and Exchange Commission (SEC) has granted approval for 11 bitcoin exchange-traded funds (ETFs), in a watershed moment for the world’s largest cryptocurrency. “The term ‘watershed moment’ can be a cliche, but in the case of today’s bitcoin ETF news, it could not be more justified,” said Yoni Assia, CEO and co-founder of eToro. […]

The post SEC approves first-spot Bitcoin ETFs appeared first on UK Investor Magazine.

Despite the Monday hit from increased OPEC output and Saudi Arabia’s price cuts, WTI Crude jumped 2.02%, while Brent gained 1.95% at the time of writing on Tuesday. On Monday, both contracts fell over 3% as prices struggled against macroeconomic forces. However, “despite the outlook of softening demand for oil globally, Brent Crude has gained […]

The post Oil gains after a rough Monday appeared first on UK Investor Magazine.

On Monday, both WTI and Brent Crude dropped by almost 3% on the news of significant price reductions from leading exporter Saudi Arabia and an increase in the Organisation of the Petroleum Exporting Countries’ (OPEC) output. WTI Crude was down by 2.91%, while Brent Crude was down by almost 2.70% at the time of writing […]

The post Oil sinks on increased OPEC output and Saudi Arabia price cuts appeared first on UK Investor Magazine.

This week, the Royal Mint reported a surge in the number of investors in precious metals products in 2023, marking a 7% year-on-year (YoY) increase. This substantial growth is attributed to, firstly, investors adopting a “flight to safety” strategy for their portfolios amidst macroeconomic pressure. Secondly, a large segment of customers (77%) has been drawn to […]

The post The Royal Mint achieves record investor numbers as demand for precious metals jumps appeared first on UK Investor Magazine.

Oil prices jumped again by more than 2% on Tuesday after an Iranian warship entering the Red Sea after U.S. helicopters sank three Houthi boats on Sunday. Iran first announced the deployment of the Alborz destroyer through the strategic Bab al-Mandeb Strait on Monday, as reported by the Iranian state media. The details of the […]

The post Oil rally continues as an Iranian warship enters the Red Sea appeared first on UK Investor Magazine.

Oil fell on Tuesday after spiking earlier in the week on reports Yemen’s Houthi rebels attacked cargo ships in the Red Sea. WTI Crude was down 0.50% at the time of writing on Tuesday, while Brent Crude traded down 0.36%. The Red Sea attacks prompted the United States to initiate an international naval operation to […]

The post Oil drops as US leads Navy task force in Red Sea appeared first on UK Investor Magazine.

Recent research by BullionVault highlighted that nearly one-third (32.9%) of investors in precious metals consider banking failures to be the most probable trigger for a financial market crash in 2024. Concerns about an economic recession (31.9%) and geopolitical conflict (15.4%) followed. The survey has been run each year since 2014, and this year included 2002 […]

The post Potential banking failures biggest financial market crash risk – BullionVault appeared first on UK Investor Magazine.

Oil prices jumped on Thursday following a larger-than-anticipated weekly reduction in U.S. crude inventories and hopes the Federal Reserve will cut interest rates early in 2024. Oil continues its upward movement, with WTI crude up by 1.91% and Brent crude by 2.03% at the time of writing on Thursday. This is in part driven by […]

The post Oil jumps on US crude supply shortages and Fed rate cut hopes appeared first on UK Investor Magazine.

Oil prices continue to fall as the promised Oil and Petroleum Exporting Countries and Allies (OPEC+) cuts fail to buoy prices. Despite potential support for oil prices from recent OPEC+ production cuts, oil has fallen exponentially since late September. “We have seen a mild recovery since then, and the next few weeks may be crucial […]

The post Oil continues its fall from grace despite promises of OPEC+ production cuts appeared first on UK Investor Magazine.

Sterling sank against the dollar on Wednesday as traders digested a dismal GDP reading for October that fueled speculation the Bank of England will be required to cut rates earlier than previously thought. The UK economy contracted 0.3% in October as poor weather dented spending amid an already challenging environment for the UK’s consumer. “Awful […]

The post Sterling dumps as recession fears rise after depressing UK GDP reading appeared first on UK Investor Magazine.

Both WTI and Brent jumped again on Friday as Saudi Arabia and Russia continued to call for more OPEC+ countries to curb their production in 2024. Despite OPEC+ also coming to a consensus on fossil fuel production cuts, Saudi Arabia and Russia are also implementing their own domestic production cuts. Saudi Arabia in particular has […]

The post Oil rises on Russia’s and Saudi Arabia’s call for production cuts appeared first on UK Investor Magazine.

In the face of ongoing macroeconomic turbulence, both silver and gold have been rising as their safe-haven status continues to attract investors. Despite touching all-time highs this week, gold was slightly down on Friday. Silver was up 0.23%. “What a week it’s been for gold and silver,” said David Morrison, Senior Market Analyst at FCA. […]

The post Gold and silver consolidate after rollercoaster week appeared first on UK Investor Magazine.

Global mining giant Anglo American shares were down almost 7% after releasing a statement on Friday that it plans to cut $500 million in spending by 2026. This is set to result in a 4% drop in production in 2024. Anglo American shares were down by 6.6% at the time of writing on Friday. “Miners are […]

The post Anglo American shares slump on production cut plans appeared first on UK Investor Magazine.

The UK Investor Magazine met with the Royal Mint to explore the demand dynamics for gold and the factors at play driving gold to record highs. Gold has recently traded at record highs around $2,140 per ounce as the promise of easier monetary policy drove prices higher. Over the past two years, financial markets experienced […]

The post Royal Mint innovation makes investment more inclusive amid gold’s record highs appeared first on UK Investor Magazine.

After a rip-roaring rally to fresh record highs, gold price slipped back on Tuesday to trade at $2,206. The prospect of an end to the tightening cycle – and even rate cuts – has fuelled a rally in the precious metal. Recent statements from Fed Chair Jay Powell hint at US monetary policy being “well […]

The post Gold prices retreat from all-time high appeared first on UK Investor Magazine.

OPEC+ members reportedly agreed on 1 million bpd of oil cuts for the beginning of 2024 during their annual meeting. This information was obtained by Reuters from inside sources on Thursday, the day of OPEC+ key meetings, during which output quotas for the next year were to be agreed upon. The decision was pushed by […]

The post OPEC+ meeting: oil gains on potential production cuts appeared first on UK Investor Magazine.

After a downfall at the beginning of this month, gold prices hit a six-month high on Tuesday, with significant help from the weak dollar. Although gold was slightly down on Wednesday (0.09%), the price has stabilised at around 65,952 per kilo. Gold has been rising consistently for the past two weeks, jumping to its highest […]

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The pound falls against the dollar as retail sales fall in September Office for National Statistics (ONS) retail data showed on Thursday that in September 2023, retail sales volumes declined by 0.9% as the pound fell against the dollar. Looking at the quarter, sales volumes dropped by 0.8% in the last three months. In their September […]

The post The pound falls against the dollar as retail sales decline in September appeared first on UK Investor Magazine.

Oil price staged a minor rally on Friday as traders covered shorts after another week of declines. At the time of writing on Friday, Brent crude is up 1.24%, while WTI crude is up 1.21%. Brent crude has stabilised above $77 but is heading for its fourth consecutive weekly drop. WTI crude was trading at […]

The post Oil prices bounce but head for fourth week of declines appeared first on UK Investor Magazine.

On Wednesday, China’s official data showed that industrial output and retail sales growth exceeded expectations in October, while the overall Chinese economy remains weak, particularly in the property sector, which has long been hit by a crisis. The second-largest global economy has struggled to achieve a robust recovery after COVID-19, and the property sector has […]

The post China’s economy mixed with factory production and consumption exceeding expectations, property sector continues to struggle appeared first on UK Investor Magazine.

UK stocks surged and the pound fell against the dollar on Wednesday morning after the UK recorded a significant drop in inflation to the lowest levels since 2021. UK CPI fell to 4.6% in October, down from 6.7% in September, in a major step down in inflation rates. “Inflation has tumbled to 4.6% – smashing […]

The post UK stocks jump and the pound falls as UK CPI tumbles to 4.6% appeared first on UK Investor Magazine.

On Tuesday, Geothermal Engineering Limited (GEL) announced plans to provide zero-carbon lithium onshore in the UK from next year, derived as a by-product from their geothermal mines in Cornwall. GEL plans to produce approximately 100 tonnes per annum (tpa) of lithium carbonate equivalent (LCE) by late 2024, with the goal of scaling up to at least […]

The post Geothermal Engineering Limited to produce lithium from Cornish geothermal operations appeared first on UK Investor Magazine.

According to official data, wages in Britain increased at a slightly slower rate in the three months leading up to September, following a previous record pace. Job vacancies fell, signalling a minor step down in the UK jobs market. In the third quarter, earnings excluding bonuses were 7.7% higher compared to the same period a […]

The post Wage growth in the UK eases but remains close to a record level, pound gains against dollar appeared first on UK Investor Magazine.

By Craig Erlam Sometimes referred to as the market that never sleeps – though it does, in fact, at the weekend – the foreign exchange (forex) market is the largest financial market in the world and has a wide-reaching impact on global economic activity. In 2022, trading hit a record $7.5 trillion in average daily […]

The post Why trade forex? Three things to understand about the market appeared first on UK Investor Magazine.

Oil prices ticked higher on Friday after a week of sharp declines as traders covered short positions and awaited further developments in the Middle East crisis. At the time of writing, WTI crude is up by 0.79% and Brent crude by 0.84%. Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown, said “a barrel of Brent crude will […]

The post Oil prices tick higher as Brent bounces off $80 appeared first on UK Investor Magazine.

On Wednesday, oil prices faced challenges, declining to a three-month low in the prior session. This decline is fueled by a fall in exports from the United States and China. WTI Crude is down 1.5%, and Brent Crude is down 1.3% at the time of writing. Chinese oil exports have been dipping for six months. […]

The post Oil prices drop as US inventories build appeared first on UK Investor Magazine.

Oil and gold prices rose on Tuesday as the Israeli-Hamas war showed signs of escalation with flare-ups across the region, including Saudi Arabia. Brent crude oil price is +0.91% at the time of writing, while WTI crude is up by 0.86%. Natural gas price is up by 1.22% in the Tuesday morning trade.  Gold flirted […]

The post Gold and oil prices gain on Middle East conflict escalation appeared first on UK Investor Magazine.

On Thursday, oil prices fell on a rise in the dollar and a climb in U.S. crude stockpiles, as the Middle East conflict continues to unfold.  WTI Crude price is down by 0.71% and Brent Crude 0.57% at the time of writing. The dollar index experienced a slight increase on Thursday, contributing to the downward […]

The post Oil prices drop on an increase in U.S. crude stockpiles and a rise in the dollar appeared first on UK Investor Magazine.

The conflict in the Middle East drove oil prices higher on Friday, with Brent and WTI heading towards the second straight week of gains. According to Sophie Lund-Yates of Hargreaves Lansdown: “The oil price has topped $92 a barrel as concerns about recent conflict spreading throughout the Middle East rise. If Iran were to be […]

The post Oil continues to gain as Gaza invasion looms appeared first on UK Investor Magazine.

On Wednesday, Brent crude was up 2.90% as fears over supply stability from the Middle East intensified after a blast at a hospital in Gaza killed hundreds on Tuesday. The WTI crude price is also up by 3.66%, hitting a two-week high. Adding further upside pressure to oil prices, U.S. crude stocks fell by 4.4 […]

The post Oil prices rise after Gaza hospital bombing appeared first on UK Investor Magazine.

Gold prices are up by 1.85 percent on Tuesday as market uncertainty, driven by an escalating Israeli-Palestinian conflict, grows. Gold has gained this week as investors rush to the safe haven as geopolitical risk rises. The yellow metal last traded at $1,859 on Tuesday. Other precious metals also rose with platinum gaining 0.4 percent and […]

The post Gold prices shoot higher as the Middle East conflict unfolds appeared first on UK Investor Magazine.

A sell-off in US government bonds is underway as markets position for US interest rates to stay higher for longer amid positive US economic data. A raft of upbeat US economic data has poured cold water on hopes of a rate cut early next year and many now see interest rates remaining higher for a […]

The post How rising US government bond yields are impacting UK assets appeared first on UK Investor Magazine.

WTI crude and Brent crude oil prices rose on Wednesday amidst ongoing concerns about tightening supply. This morning, the WTI crude oil price was up 1.25 per cent (+1.13 USD) at 91.52 USD per barrel. Brent crude price is up by 0.94 per cent (+0.88 USD) to 94.84 per barrel. On Tuesday, U.S. industry data […]

The post Oil prices rise as concerns over supply tightness intensify appeared first on UK Investor Magazine.

Last night, the U.S. Federal Reserve announced they would keep interest rates on hold at 5.5%. The announcement was followed by a press conference, during which the Federal Reserve hinted that they do see the interest rates rising again by the end of the year and rates would remain elevated for a longer period. USD […]

The post Federal Reserve keeps rate at 5.5% in ‘hawkish hold’, dollar rallies appeared first on UK Investor Magazine.

For much of 2022, the GBP faced a myriad of political and economic challenges as it navigated a steady churn of political and economic turmoil that dented investor confidence in the currency. These challenges were further compounded by macroeconomic headwinds. With the wider global economy grappling with a war in Europe, surging inflation, and an […]

The post With the Bank of England set to hike the base rate further, what’s in store for the GBP? appeared first on UK Investor Magazine.

The FTSE 100 surged on Wednesday as stocks reacted to news UK CPI fell to 7.9% in June. London’s leading index jumped 1.70% to 7,580 as of 14.00pm on Wednesday. The lower-than-expected 7.9% CPI inflation reading suggests the Bank of England may have room to slow down the pace of their rate hikes during the […]

The post FTSE 100 surges as UK inflation cools; GBP/USD falls appeared first on UK Investor Magazine.

In the world of digital and cryptocurrencies, one has captured the attention of many like none other: Bitcoin. Since its advent in 2009, the Bitcoin price has seen soaring highs and heart-stopping lows. To say that Bitcoin’s price volatility has been its hallmark would be an understatement. Today, we’ll analyze the roller-coaster history of BTC’s […]

The post Crypto History: An Overview of Bitcoin’s Price Throughout the Years appeared first on UK Investor Magazine.

Fears of a US recession have led to the reversal of oil prices after yesterday’s gains on the back of the OPEC+ production cut. The front-month July Brent Oil futures contract was trading at $75.73 at the time of writing, lower than the close on Friday. Analysts attributed the losses to concerns about the health […]

The post OPEC+ oil price gains reverse on US recession worries appeared first on UK Investor Magazine.

Oil prices rose on Monday after OPEC+ announced a production cut designed to help prop up prices. OPEC+ countries supply around 40% of the world’s oil and will cut daily production by 1.4m barrels of oil per day. Brent and WTI surged in early trade on Monday, but the rally faded as the session developed. […]

The post Oil prices jump after OPEC+ production cut appeared first on UK Investor Magazine.

After a slow end to 2022 for investment bankers, a recovering global equity market has been met with a revival in M&A activity. The purchase of a stake in Sainsbury’s by Bestbuy sparked a fresh wave of speculation around interest in the UK supermarkets here in the UK. However, it is now major gold producers […]

The post Gold M&A back with a bang as Newmont bids for Newcrest appeared first on UK Investor Magazine.

UK wages rose at one the fastest paces ever recorded and piled pressure on the Bank of England to continue to tighten monetary policy with further interest rate hikes. UK wages rose 6.4% in November, the highest on record apart from during the pandemic when the unconventional nature of the economy and government support saw […]

The post Rising UK wages put pressure on Bank of England to hike again, sterling gains appeared first on UK Investor Magazine.

Much like many big industries that operate online, the forex market has changed considerably, thanks to technological innovations and widespread online developments. Today, we will examine exactly what changes have occurred and which were landmark events that caused the forex market to evolve. What is the forex market? Firstly, we will begin by explaining the […]

The post How technology has revolutionised the forex market appeared first on UK Investor Magazine.

UK households have been dealt a minor reprieve from soaring prices as CPI fell to 10.7% in the year to November 2022, down from 11.1% in October. GBP/USD rose on the news after US CPI fell to 7.1% yesterday and raised the question of whether the Fed would start to slow their rates before, or […]

The post GBP/USD gains as UK CPI falls but remains historically high appeared first on UK Investor Magazine.

Jerome Powell hints at slower pace of rate hikes Jerome Powell sparked a rally in US equities overnight after the Fed chair hinted the pace of US rate hikes could soon slow. Powell’s comments increased hopes of a ‘pivot’ in policy which would see financial conditions ease. “Comments from the Fed chair might have suggested […]

The post 5 Things Moving Markets 1st December appeared first on UK Investor Magazine.

FTSE 100 continues rally The FTSE 100 continued its March higher on Wednesday with the index trading at the highest point since August in early trade. Hopes China would soon return to a normal functioning economy were behind the gains. Asian stocks gain Asian stocks shrugged off disappointing Chinese economic data overnight. China’s economy has […]

The post 5 Things Moving Markets 30th November appeared first on UK Investor Magazine.

Chinese protest dents sentiment Widespread protests in China hurt investor sentiment on Monday as Chinese citizens came out on to the streets in major cities. Protests are not unheard of in China, but the calls for the Communist party and leader Xi Jinping to step down have grabbed the world’s attention. Long lockdowns and deaths […]

The post 5 Things Moving Markets 28th November appeared first on UK Investor Magazine.

US futures signalling a higher open US futures were pointing to a higher open for US equities after the Thanks Giving holiday. A rally in Europe yesterday saw US futures track higher with the S&P indicted to open 10 points higher at the time of writing. Chinese stocks rally despite rising COVID cases Chinese COVID […]

The post 5 Things Moving Markets 25th November appeared first on UK Investor Magazine.

The dollar sinks The dollar sank overnight after Federal Reserve minutes revealed many policy makers thought it would “likely soon be appropriate” to start slowing the pace of rate hikes. The minutes also supported US equities overnight and European stocks started Thursday’s session with a spring in their step. GBP/USD breaks above 1.200 The weakness […]

The post 5 Things Moving Markets 24th November appeared first on UK Investor Magazine.

BP and Shell lift the FTSE 100 Oil majors BP and Shell were lifting the FTSE 100 on Tuesday as the companies gained 5.4% and 3.5% respectively. Shell and BP are major constituents of the FTSE 100 and accounted for a large proportion of the FTSE’s 50+ point gain at the time of writing. Saudi […]

The post 5 Things Moving Markets 22nd November appeared first on UK Investor Magazine.

The pound falls The pound was weaker as traders mulled the implications of the UK seeking a Swiss-style deal with the EU. The UK’s economic situation is far worse than the rest of the G7, largely down to Brexit and associated restrictions. It’s been reported the government is exploring options to ease pressure on the […]

The post 5 Things Moving Markets 21st November appeared first on UK Investor Magazine.

US Retail Sales drag US stocks Strong US retail sales dragged on stocks overnight as investors weighed the prospect of further rate hikes. Despite a series of severe increases in rates, the US consumer is unperturbed. This will give the Fed no reason to pivot in the short term. US stocks closed down last night […]

The post 5 Things Moving Markets 17th November appeared first on UK Investor Magazine.

Two killed by missile in Poland Two people have been killed by a missile landing in Poland. Investigations are ongoing and we have no confirmation of who fired the missile, but clearly an attack on a NATO member risks an escalation. Equities futures fell overnight, but have since recovered some losses. Oil rises after drone […]

The post 5 Things Moving Markets 16th November appeared first on UK Investor Magazine.

Higher wages lifts the pound UK wages rose 5.7% in the year to September, sparking a rally in the pound. Higher wages could further stoke inflation and lead to additional rate hikes by the Bank of England. GBP/USD was 0.9% higher at 1.1862 at the time of writing. US futures gain on Fed hopes US […]

The post 5 Things Moving Markets 15th November appeared first on UK Investor Magazine.

The Bank of England raised interest rates by 75 bps to 3% on Thursday following an increase by the same amount in US interest rates over night. As expected, the BoE and Fed both hike by 75 bps to 3% and 3.75% respectively. “The 0.75% rise was expected by markets as inflation continues to hit […]

The post FTSE 100 briefly spikes as the pound dips after UK interest rates rise to 3% appeared first on UK Investor Magazine.

The European Central Bank met economist expectations with a 75bps interest rate hike on Thursday, and signalled more hikes were on the horizon. The ECB has been slow to tighten monetary policy, lagging behind the Bank of England and Federal Reserve who were quick to increase rates in the face of soaring inflation. The ECB’s […]

The post ECB hikes rates by 0.75% and hints at further increases, EUR/USD falls appeared first on UK Investor Magazine.

Sterling rallied against the dollar on Monday after Boris Johnson pulled up out of leadership contest leaving many of his supports humiliated. MPs such as Nadhim Zahawi and Chris Cleverly were backing Johnson to be PM yesterday morning and quickly shifted their support to Rishi Sunank shortly after Johnson announced his decision to pull out […]

The post Sterling rallies as Rishi closes in on top job and Boris supporters humiliated appeared first on UK Investor Magazine.

The UK’s political crisis reached unthinkable lows last night following extraordinary scenes at a fracking vote last night and resignations by senior tories. Sterling was trader’s market of choice for the ongoing debacle in Westminster once more as GBP/USD fell below 1.1200 in early trade on Thursday. Political commentators including ITV’s Robert Peston took to […]

The post The pound falls after 24 hours of sheer chaos in Westminster appeared first on UK Investor Magazine.

Jeremy Hunt, the fourth UK chancellor in four months, marked his first full working day in office with an astounding move to scrap almost all of the measures outlined in Kwasi Kwarteng’s catastrophic mini-budget. Hunt’s first – and primary – job as chancellor was to calm markets and early signs from GBP/USD and UK gilts […]

The post Sterling surges on UK tax plan U-turns appeared first on UK Investor Magazine.

The pound staged a rally on Thursday on hopes the UK government would consider elements of their radical tax cuts announced in the recent mini-budget. GBP/USD surged over 160 pips to 1.1263 following reports there could well be a U-turn on tax cuts. Recent government comments indicated Liz Truss and Kswasi Kwarteng had dug in […]

The post GBP/USD rallies on UK tax cut U-turn hopes appeared first on UK Investor Magazine.

The pound fell against the dollar on Monday despited the Bank of England ratcheting up their daily bond purchases for the remainder of their support package. GBP/USD fell to 0.37% to 1.1052 as the Bank of England announced they would increase daily bond purchases to £10bn from £5bn. “I’m not so sure that this is […]

The post Sterling falls despite increased Bank of England intervention appeared first on UK Investor Magazine.

OPEC+ committed to a 2 million barrels per day production cut and increased tensions with the US and President Biden who perceives the move by OPEC to be an alignment with Russia. Much of the west has been targeting Russia with sanctions and the increasing price favours Putin. Despite the sanctions imposed on Russia, Putin’s […]

The post OPEC+ cuts production by 2m barrels raising tensions with Biden appeared first on UK Investor Magazine.

Just ten days after making radical tax changes in an effort to boost the UK economy, Liz Truss’s government have been forced into an embarrassing U-turn. Having faced a backlash from the markets, PMs and the media, Kwasi Kwarteng tweeted; “We get it, and we have listened,” as they issued a statement detailing a roll […]

The post The pound gains as government U-turns on top rate tax abolishment appeared first on UK Investor Magazine.

The pound continued its recovery on Friday with GBP/USD returning to pre-pandemic levels as markets looked forward to dramatic rate hikes from the Bank of England. There has been a general improvement in UK assets on Friday with the FTSE 100 gaining and bond yields falling. However, analysts warned the respite from this week’s volatility […]

The post Sterling returns to pre-budget level, 900 pips off weeks lows appeared first on UK Investor Magazine.

GBP/USD fell again on Wednesday as the IMF warned the UK government they should reconsider their economic plans, suggesting it is ill-timed. GBP/USD traded as low as 1.0630 overnight as sterling resumed declines. The new UK government has been warned by the IMF their first fiscal package risks creating inequality in the UK and was […]

The post GBP/USD dips as IMF humiliates Liz Truss with warning on economic plan appeared first on UK Investor Magazine.

Sterling stabilised against the Dollar on Tuesday as the Bank of England stepped in to provide assurance to markets following significant volatility in the pound and other UK assets. GBP/USD was trading up 0.9% at 1.0786 at the time of writing. Full statement from Andrew Bailey, Governor of the Bank of England: https://t.co/GzbJQ6MaNK pic.twitter.com/I3gPAow1NW — […]

The post Sterling stabilises as Bank of England promises to change rates as much as needed appeared first on UK Investor Magazine.

The pound continues its decline on Monday and slipped to an all-time low against the dollar. GBP/USD hit lows below 1.0300 before rebounding to trade at 1.0700. With such sharp declines, traders are now eyeing parity with the dollar as market show their distrust of the UK government recent fiscal plans. “The pound has been […]

The post Pound hits all-time low against dollar appeared first on UK Investor Magazine.

GBP/USD was destroyed as sterling slid following the delivery Kwasi Kwarteng’s mini-budget aimed at supporting growth in the UK economy. Despite a broad range of measures to help support tax payers and businesses, market choose to focus on the financial strain huge tax cuts and spending would put on the UK’s finances. GBP/USD was down […]

The post GBP/USD plummets towards 1.1000 after UK mini-budget appeared first on UK Investor Magazine.

The Bank of England raised rates by 50bps to 2.25% on Thursday, meeting economist expectations and providing little relief for sterling that traded at 1.1306 against the dollar. Signalling a willingness to hike rates further in coming meetings, 3 of the 9 Monetary Policy Committee voted for a 75 bps hike, but this was not […]

The post Sterling remains depressed as Bank of England hikes rates to 2.25% appeared first on UK Investor Magazine.

The Federal Reserve increased interest rates by 75 bps to 3.25% overnight as policy makers took steps to bring soaring inflation under control. Actions by Jerome Powell’s Fed yesterday saw the dollar soar, sending the Euro well below parity and to levels not seen for 20 years. #Euro plunges to 20y low after US central […]

The post EUR/USD craters to 20-year low as the Fed hikes 75 bps appeared first on UK Investor Magazine.

Sterling pushed towards the lowest levels since the 1980s on Wednesday morning as traders eyed the Fed’s decision on rates later today. GBP/USD traded as low as 1.1304 – the lowest level since the 1980s – before rebounding on Wednesday morning. This week is packed full of central bank meetings and traders will learn of […]

The post Sterling breaks to low ahead of key central bank meetings appeared first on UK Investor Magazine.

The Pound fell sharply against the dollar and Euro on Friday after UK retail sales missed estimates, implying a deterioration in the health of the UK consumer and economy. GBP/USD fell 0.6% to 1.1400 and GBP/EUR was down 0.33% at 1.1429. The pound was at the weakest level against the Euro since February 2021 and […]

The post Sterling falls against Dollar and Euro as UK retail sales crumble appeared first on UK Investor Magazine.

The Pound rose against the dollar on Wednesday morning after UK inflation fell below the double digits to 9.9% in August, following a 40-year record of 10.1% in July. The Sterling rose to $1.1546 earlier in the morning and was trading at $1.1543 in late morning trading. UK inflation fell primarily on lower petrol prices, […]

The post Pound gains against dollar on lower UK inflation appeared first on UK Investor Magazine.

The dollar gained against the Sterling at 13:30 BST following the latest US inflation report, which revealed inflation lowered to 8.3% in August, yet failed to meet analyst expectations of 8.1%. The unexpectedly hot report sent the Pound spiralling from $1.17330 to $1.15593 at 14:00. The Sterling was trading at $1.15804 at 14:50 as markets […]

The post Dollar gains against pound and Euro appeared first on UK Investor Magazine.

The Pound fell to its lowest level against the Euro since early 2021, after hawkish rhetoric from the European Central Bank strengthened the Euro while the UK’s weaker than expected GDP report failed to boost the flailing Sterling. UK GDP grew 0.2% in July after a 0.6% fall in June, representing a return to growth. […]

The post Pound falls to lowest level against Euro since 2021 appeared first on UK Investor Magazine.

The Sterling rose to 1.1682 against the dollar in Monday trading after analysts noted maintained hawkish sentiment from the US Federal Reserve ahead of US inflation data, which is scheduled for release on Tuesday. Disappointing UK GDP growth of 0.2% in July did little to dent the Pound’s rise versus the dollar, with Prime Minister […]

The post Pound climbs against dollar ahead of US inflation report appeared first on UK Investor Magazine.

Oil demand in China might drop for the first time in two decades, as families who would normally be boarding planes and jumping into cars for the Mid-Autumn festival remain under lockdown this year. The festival, which takes place on 10 September, would typically see Chinese families use transport and fuel en mass. However, the […]

The post China oil demand might drop for first time in two decades appeared first on UK Investor Magazine.

The Pound climbed to $1.1613 in late morning trading on Friday after falling to the lowest rate since 1985 earlier this week. The Sterling rose on sliding dollar strength, with most major currencies making moves against the greenback’s surge in the last several days. The currency slipped to a 37-year low of $1.1407 earlier this […]

The post Pound rises above $1.16 on sliding greenback appeared first on UK Investor Magazine.

The Pound remained below the $1.15 mark on Thursday morning, hovering at $1.1494 ahead of new Prime Minister Liz Truss’ energy relief plan. Truss is scheduled to reveal a £130 billion proposition to freeze or reduce the energy price cap ahead of its 80% rise to £3,548 in October this year. The Pound hit a […]

The post Pound remains below $1.15 ahead of Truss’ energy plan announcement appeared first on UK Investor Magazine.

The Pound fell to its lowest level against the dollar since 1985 today on the back of the US currency’s rising strength and the UK’s gloomy economic outlook. The Sterling plummeted to $1.1407 and is currently at 1.1448. The dollar has been growing in strength over recent days, hitting a 24-year high against the Japanese […]

The post Pound falls to lowest level against dollar since 1985 appeared first on UK Investor Magazine.

The price of oil fell below $90 on Wednesday, dropping to $89.93 per barrel for Brent crude as demand fears sparked market volatility, fanning the flames of recession fears. Prices dropped to levels not seen since before Russia’s invasion of Ukraine, with the swing below $90 marking a far plunge from the commodity’s heights of […]

The post Oil falls below $90 as demand fears spark price volatility appeared first on UK Investor Magazine.

The Pound fell to 1.14922 against the dollar in late morning trading on Wednesday as the dollar strengthened. The Sterling hit a low of 1.14545 earlier in the morning, marking a fall from its high of 1.1609 on Tuesday after reports emerged regarding new Prime Minister Liz Truss’ £130 billion relief plan to freeze or […]

The post Sterling sinks as dollar index hits 20-year high appeared first on UK Investor Magazine.

The price of oil suffered a dramatic fall on demand fears, with benchmark Brent crude dropping 3.2% to $92 per barrel. The move comes on the heels of the US Federal Reserve’s hawkish interest rates stance, with the latest positive jobs report adding fuel to the fire for Fed chair Jerome Powell to hike rates […]

The post Oil falls to $92 on demand destruction fears appeared first on UK Investor Magazine.

The Pound Sterling picked up in early morning trading on Tuesday following Bloomberg’s report that new Prime Minister Liz Truss had shored up plans for a £130 billion energy relief package for struggling UK households. The Pound rose from 1.15646 just after 06:00 to 1.15894 after Bloomberg broke the scoop, with the Sterling trading at […]

The post Sterling picks up on Truss’ potential £130bn energy plan appeared first on UK Investor Magazine.

The Pound remained lower against the dollar after Liz Truss was announced as the next UK Prime Minister on Monday, replacing departing Conservative leader Boris Johnson. The Sterling was 1.1508 against the dollar in late afternoon trading, after falling to its lowest level since 1985 of 1.1474 in advance of the announcement over Monday morning. […]

The post Pound stays lower against dollar after Truss appointment appeared first on UK Investor Magazine.

The Euro hit a 20-year low, sinking 0.43% to 0.9911 dollars on Monday as the energy crisis ravaged the European continent. The plunge followed Russian gas giant Gazprom’s announcement that its three-day suspension of the Nord Stream 1 pipeline would be extended indefinitely, after maintenance works uncovered apparent oil leaks in the vital gas supply […]

The post Euro hits 20-year low as energy crisis ravages Europe appeared first on UK Investor Magazine.

The pound Sterling steadied on Friday in advance of the upcoming Prime Minister appointment next week. The currency took a sharp drop earlier in the week on the back of a report from the Resolution Foundation, which revealed the UK was facing its largest drop in living standards in a century. The pound fell to […]

The post Pound steadies ahead of PM appointment appeared first on UK Investor Magazine.

G7 finance ministers are reportedly set to shore up plans for a price cap on Russian oil, with the aim of kneecapping Russia’s revenues for its invasion of Ukraine, while maintaining crude flows to avoid additional spikes in price. The G7 members will be meeting virtually to discuss the implementation of plans to help mitigate […]

The post G7 to push forward on Russian oil price cap appeared first on UK Investor Magazine.

The Dollar reached a close to two-decade high in advance of the US nonfarm payrolls report, as markets awaited confirmation of promising jobs data which could advance hopes of a hawkish stance from the US Fed at the next interest rates meeting. US Fed chair Jerome Powell previously commented at the Jackson Hole convention that […]

The post Dollar strengthens in advance of US Nonfarm Payroll report appeared first on UK Investor Magazine.

The pound suffered its biggest monthly hit against the dollar since 2016 on Thursday after the Resolution Foundation reported the UK was heading towards its lowest living standards level in a century. The Foundation estimated UK people in poverty would rise by three million, with relative child poverty on track to its highest level of […]

The post Pound suffers biggest monthly hit against dollar since 2016 appeared first on UK Investor Magazine.

Russian energy firm Gazprom shut down the Nord Stream 1 pipeline on Wednesday for unscheduled “maintenance work” on the Trent 60 gas compressor unit operating on the critical supply route to Germany. Gas supply to Europe is scheduled for suspension until 2 September, temporarily crippling the continent’s efforts to stockpile energy supplies in advance of […]

The post Russia shuts down Nord Stream 1 pipeline to Germany, energy crisis deepens appeared first on UK Investor Magazine.

The Pound Sterling weakened against the Dollar and the Euro after US Federal Reserve chair Jerome Powell’s comments at the Jackson Hole convention sent markets on both sides of the Atlantic into a spiral last Friday. Investors fled stocks following Powell’s confirmation of probable further interest rate hikes to tackle sky high inflation. A single […]

The post Pound weakens against Dollar and Euro on hawkish US Fed interest rates fears appeared first on UK Investor Magazine.

The UK reported no fuel imports from Russia for the first time on record, according to the National Office of Statistics (ONS). The historic announcement marked a fall of £499 million from the monthly average for the 12 months to February 2022, after the UK government said it would phase out all Russian oil imports […]

The post UK reports no fuel imports from Russia for first time on record appeared first on UK Investor Magazine.

The dollar rose against the Pound and the Euro ahead of the Jackson Hole convention this week, at which US Federal Reserve chairman Jerome Powell is expected to announce higher interest rates across the country. The US currency has enjoyed renewed strength as the Euro struggled on a deepening energy crisis and the Pound was […]

The post Dollar rises against pound and Euro ahead of Jackson Hole appeared first on UK Investor Magazine.

Forex Trading Career: What are the Pros? With the global Forex market worth trillions of dollars, it’s no wonder many people are interested in a forex trading career. After all, what could be better than being paid to trade money? While a forex trading career may sound like a dream come true, there are pros […]

The post 6 Reasons a Forex Trading Career Might Be Right for You appeared first on UK Investor Magazine.

The Euro took a hit as the energy crisis ravaged Europe, sending the currency down below parity with the dollar earlier today, with the Euro currently standing at 0.9974 against the US currency. The dollar strengthened on expectations that US Federal Reserve chairman Jerome Powell would be announcing higher interest rate hikes at the upcoming […]

The post Euro falls against the dollar as European energy crisis bites appeared first on UK Investor Magazine.

Energy bills are set to exceed £4,200 in January 2023, according to a report by Cornwall Insight. The institute said its forecasts for the January Default Tariff Cap had grown by over £650, representing a price tag of approximately £4,266 for the average UK household. The bone-chilling shift represents a large step from previous estimations […]

The post Energy bills to exceed £4,200 in January appeared first on UK Investor Magazine.

OPEC+ has reportedly chosen to raise its oil output by 100,000 barrels per month in its latest meeting on Wednesday. The increase is set to cover a mere 86 seconds of international demand, and was described as “so little as to be meaningless,” according to Eurasia Group managing director for energy, climate and sustainability Raad […]

The post OPEC+ raises oil output by 100k barrels per month appeared first on UK Investor Magazine.

The price of oil fell below the $100 mark ahead of the OPEC+ meeting today, with benchmark Brent Crude dipping to $99 per barrel. The market currently expects producers to keep a steady output, with little to no change in production as supply fears persist on the back of the Russian war in Ukraine. “There […]

The post Oil drops to $99 ahead of OPEC+ meeting appeared first on UK Investor Magazine.

The price of oil took a hit on Monday after China reported a manufacturing purchasing managers’ index result below analyst estimates of 49.0 from the expectation of 50.4. The price of Benchmark Brent Crude fell to $102 per barrel, with the soaring prices enjoyed by the commodity on the back of the Ukraine war starting […]

The post Oil prices fall to $102 on China manufacturing slowdown appeared first on UK Investor Magazine.

Bitcoin, Ethereum, and the entire crypto universe faced cataclysmic declines earlier this year as a tightening of monetary policy stopped the rally in digital assets in its tracks, and spurred a sharp selloff. Although the mainstream media were largely hysterical at the scale of the declines, long-term crypto investors, as well as the analysts at […]

The post Frederick & Oliver bullish on Bitcoin and Ethereum outlook appeared first on UK Investor Magazine.

The US Dollar declined from its 20-year record high in advance of the US Federal Reserve’s interest rates decision, which is predicted to see a 0.75% rise in a bid to combat soaring 9.4% inflation across the Atlantic. According to Reuters, traders are betting on a 0.75% increase with an outside chance of a more […]

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Sterling bounced back against the dollar on Thursday as Boris Johnson finally resigned after a humiliating week of resignations by those closest to him. Ministers appointed only two days ago either quit or called for his resignation on Thursday which provided to be the final nail in the coffin for Johnson’s time as Prime Minister. […]

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The pound has sunk to a 2-year low against the dollar as the UK government faced monumental disruption from a series of resignations by senior conservatives. Boris Johnson was again found to have been loose with the truth and the latest debacle proved a bridge too far for 12 members of his government. The pound […]

The post Pound sinks to 2-year low against dollar appeared first on UK Investor Magazine.

Bitcoin fell by 10% to below $25,000, marking its lowest rate since December 2020, and Ether slid by 13% to beneath the $1,270 level to its cheapest rate since January 2021. Investors dropped the famous crypto assets like a hot potato as inflation fears set into the cryptocurrency hype, and sent multitudes of people fleeing […]

The post Bitcoin and Ether tumble as investors flee from crypto assets appeared first on UK Investor Magazine.

The European Central Bank (ECB) sent a wave of relief across the markets, after the institution announced it would be raising interest rates for the first time in 11 years, with a 25 basis points hike scheduled for its July meeting after maintaining current rates throughout June. The interest rates increase is set to kick […]

The post ECB points to interest rate hike in July, announces end to net asset purchases appeared first on UK Investor Magazine.

The Pound sterling rose higher on Monday morning, despite the upcoming confidence vote against Prime Minister Boris Johnson which is scheduled between 6pm and 8pm tonight. The Pound exchange rate compared to the Euro was trading a third of a percentage point higher at 1.1679 and the Pound against the Dollar was trading 0.4% higher […]

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India declared a wheat export ban on Friday last week, after a devastating heatwave decimated grain production in the world’s second-largest wheat producing country. The benchmark wheat index increased 5.9% in Chicago, representing a two-month high for the commodity. The price of the grain has soared 40% year-to-date, as the combined impact of the war […]

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Bitcoin lost 3% to $33,256.3 on Monday in line with major equity indices across the globe, as the impact of monetary and fiscal policies invoke caution in investors. In addition, the war between Russia and Ukraine along with the growing pandemic in China have been hurting investor sentiments worldwide. As a result of investors fleeing […]

The post Bitcoin sinks to lowest level in over 3 months appeared first on UK Investor Magazine.

Oil prices have been skyrocketing with geopolitical tensions on the rise. Countries have come together to combat the hikes in oil prices due to high global demand. China’s lockdown aids this movement as the halt in production across its industrial sector slows down the country’s demand for oil, according to the International Energy Agency. China […]

The post Oil demand cushioned by China’s lockdown says IEA appeared first on UK Investor Magazine.

China has adopted a zero-tolerance against Covid in the attempt to eradicate the virus, leading to nationwide lockdowns. With companies halting production, oil and metal prices across the world have been impacted as China is one of the major importers. Oil prices took a 3.5% hit to $116 per barrel for Brent Crude as China […]

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The price of brent crude oil fell 6% to $101 per barrel in early morning trading on Tuesday. The sharp dive comes as the impact of China’s lockdown on Shenzhen sent Asian markets into a spiral, with the Hang Seng plummeting 5% overnight as a result of fears around a COVID outbreak and China’s involvement […]

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Soybean prices increased by 1% to $17 per bushel with increased tensions across Russia-Ukraine, breaking records set in 2012. Soybeans had traded as low as $11.78 per bushel in November. With fertilisers supplied by Russia being removed from trade last week, the cost of growing wheat, corn and soybean all will see a rise. Ukraine […]

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One of the most actively traded markets in the world is the foreign exchange (forex), which enables you to invest in the world’s currencies. As a forex trader, you’ll buy and sell currencies through currency pairs, attempting to potentially profit from price movements in the market.  The forex market is highly volatile and affected by […]

The post Threat of US Fed rate increase — how the dollar has responded appeared first on UK Investor Magazine.

The oil price has skyrocketed in recent days due to the Russian conflict in Ukraine, with Brent Crude soaring to $131 per barrel and WTI Crude hitting $127. The war continues to rock the market, with consumers wondering why the price of the commodity has soared, and when the price will reach its peak. The […]

The post What’s happening to the price of oil? appeared first on UK Investor Magazine.

Wheat prices have soared 6.6% to 422.5p per ounce as the Russian invasion of Ukraine saw 29% of global wheat supplies in the “breadbasket of Europe” put at risk. The price of the grain has risen to a new record of £281.90 per tonne with expectations prices will move higher as the conflict continues. Russia […]

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Nickel added to extreme volatility in commodity prices resulting from the Ukraine crisis as futures were suspended by the LME. Nickel surged 44% overnight in volatile Asian trade. Nickel prices have risen dramatically this morning, briefly pushing above $100,000 per tonne. The exceptional price rise was driven by a short squeeze on the LME, in which traders with large short positions have hurried to close their positions. “Nickel […]

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Ukraine is reportedly using Cryptocurrency as part of its fight against Russia, according to Blockchain analysis company Elliptic. The company stated that Ukrainian NGOs and volunteer organisations are crowdfunding Bitcoin as a measure of circumventing conventional attempts to block funds. The Ukranian government launched a tweet on Saturday which said: “Stand with the people of […]

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Bitcoin cratered on Thursday as geopolitical turmoil exposed the cryptocurrency as one that trades as a risk asset, as opposed to a safe haven. Bitcoin was trading down by 3.8% at $36,120 on Thursday afternoon as the market reacted to the invasion of Ukraine by Russia. Crypto enthusiasts had previously purported that Bitcoin could provide […]

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The economic recovery this year has seen oil prices surge by 50% over 2021, which is the biggest gains in 12 years. Brent Crude was $52 per barrel in January but is ending the year close to $80 per barrel. Demand has increased and prices have soared as lockdowns eased and travel has resumed over […]

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Gold fell on Tuesday following the confirmation Chairman Powell would remain at the Federal Reserve for another term. The yellow metal declined as traders positioned for a more hawkish scenario on rates than the possible alternatives of Jay Powell. Fed Governor Lael Brainard was in contention for the post and would have be viewed as […]

The post Gold continues decline as Powell confirmed for second Fed term appeared first on UK Investor Magazine.

The pound rose on Tuesday after the UK released another set of strong employment data showing 160,000 jobs had been created in October. Job openings also soared to a record high. GBP/USD spiked higher by some 50 points to 1.3473 in the initial reaction to the news, before easing back to around 1.3450. Having decided […]

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Bitcoin has smashed through $60,000 and towards it’s all time high of $64,000. The rally in Bitcoin was met with excitement across financial Twitter accounts as the prospect of fresh highs further fuels interest in cryptocurrencies. Bitcoin 60,000 — zerohedge (@zerohedge) October 15, 2021 BITCOIN CRASHES THROUGH 60K — Ramp Capital (@RampCapitalLLC) October 15, 2021 […]

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GBP now flat for the year versus US dollar The pound has fallen to its lowest point against the dollar in 2021 amid fears that the UK could see high inflation and lower growth. Despite an early interest rate rise being anticipated, the pound is beginning to “behave like an emergency market currency” said a […]

The post Pound dips on mounting inflation concerns appeared first on UK Investor Magazine.

Bitcoin down by over $3,000 since news broke China’s central bank confirmed on Friday that all cryptocurrency transactions are now illegal, including Bitcoin. “Virtual currency-related business activities are illegal financial activities,” the People’s Bank of China said, adding that it “seriously endangers the safety of people’s assets”. At present, China is one of the largest […]

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Gold historically a safe haven in times of inflation and uncertainty Gold dipped on Thursday as the Fed gave an indication it could rise interest rates, while positive news emerged regarding Evergrande in China. Spot gold is down to $1,751.03 at the time of writing, as are US gold futures. The dollar is down by […]

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Greatland Gold to expand footprint in the Paterson province Greatland Gold (LON:GGP) confirmed on Thursday that it has entered into an agreement with Province Resources Limited to acquire the 100% owned Pascalle tenement. The 100% owned Taunton tenement and two tenement applications will be purchased for exploration licenses in the Paterson Province of Western Australia […]

The post Greatland Gold confirms acquisition of exploration tenements appeared first on UK Investor Magazine.

UK electricity prices are now the most expensive in Europe A fire at Britain’s main electricity subsea cable with France has impacted imports to the UK, causing an upwards surge in prices when supply issues have already brought about record highs. National Grid, whose share price is down by 0.73% on Wednesday, confirmed that the […]

The post Fire at UK-France subsea cable sees new price rise again appeared first on UK Investor Magazine.

ECB shows signs it will begin withdrawing assistance The European Central Bank (ECB) confirmed on Thursday that it is scaling back its bond puchases over the next three months. It is a sign that the EU will now slightly withdraw the aid it provided to the eurozone in an effort to support the economy during […]

The post EUR/USD subdued as ECB maintains rates and PEPP size appeared first on UK Investor Magazine.

UK watchdog chairman drew specific attention to a post by Kim Kardashian The Financial Conduct Authority (FCA) is seeking further powers to control cryptocurrency promotions as the City regulator warned of celebrity-endorsed tokens. Charles Randell, FCA chairman, said recently that more action is needed in order to protect consumers from the speculative nature of the […]

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Coca-Cola has recently reported issues supplying its aluminium cans The price of aluminium reached its highest point in ten years on Monday as news emerged that there was a coup in Guinea. Guinea is the second-largest producer of bauxite – a sedimentary rock with a relatively high aluminium content – in the world. Prices for […]

The post Aluminium reaches highest point in ten years following Guinea coup appeared first on UK Investor Magazine.

The crypto market is valued at over $2.35trn Bitcoin was soaring over the weekend, even climbing above $52,000 at one point on Monday. Digital gold was joined by fellow cryptocurrencies, Ethereum (ether) and Cardano (ada), which are both nearing record-highs. The overall market cap of Bitcoin stands at $965,601,415,664at the time of writing, just shy […]

The post Bitcoin surges as analyst predicts $100,000 before end of 2021 appeared first on UK Investor Magazine.

Chair of US Securities and Exchange Commission has called for the SEC to get power to oversee the crypto market Gary Gensler, chair of the US Securities and Exchange Commission (SEC) is correct about the need to regulate cryptocurrency trading platforms according to Nigel Green, CEO of deVere Group. In an interview with the Financial […]

The post Gary Gensler right to say crypto needs regulation says deVere CEO appeared first on UK Investor Magazine.

First gold identified at Goliath Greatland Gold (LON:GGP) announced on Wednesday its first set of preliminary drill results from the initial 2021 drill programme at its Juri Joint Venture with partner Newcrest Mining in the Paterson Province of Western Australia. Highlights First phase of Juri JV drilling programme completed on the Paterson Range East and […]

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Ever since Richard Nixon ended the Bretton Woods monetary system in August 1971, the US dollar has been on a downward spiral. Under the Bretton Woods system, gold was the basis for the US dollar and other currencies were pegged to its value. According to Russ Mould, AJ Bell investment director, “there are more than […]

The post 50 years on from the end of Bretton Woods gold bugs stand by precious metal appeared first on UK Investor Magazine.

Jay Powell firmly suggested on Friday that the US Federal Reserve could begin to pull back on its large-scale pandemic-induced stimulus measures this year. The Fed chair said that the bank has completed one of its two goals required to justify decreasing its support, adding that “progress” was being made on the other. Powell reaffirmed […]

The post Powell says tapering could be necessary this year as dollar and gold rise appeared first on UK Investor Magazine.

Doubts remain over the strength of global recovery Oil prices are down on Thursday for the first session this week as concerns over demand. The price of Brent crude oil is down by 0.78% $71.37 per barrel just after 9am, having jumped up by 1.7% on Wednesday. Oil prices rose buy 10% last week through […]

The post Oil price rally comes to a halt on Covid concerns and supply issues appeared first on UK Investor Magazine.

NFT Sales Sales of non-fungible tokens (NFT) rose sharply in August as investors increasingly put faith in the sector continuing to increase in value. Sales volumes, as monitored by OpenSea, one of the largest NFT platforms, reached $1.9bn in August. This is an increase of more than ten times when compared to March, when the […]

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65.8% of European investors hold crypto assets within their portfolio A survey carried out by analysts at Robo.cash, the investment platform, found that 65.8% of European investors hold crypto assets within their portfolio. Crypto assets rank third in popularity when compared to others behind P2P investments and stocks. The number of investors who increased their […]

The post Crypto outshines gold as asset of choice for investors but remains behind stocks and P2P investments appeared first on UK Investor Magazine.

The price of Brent crude oil is up by 0.7% to $69.26 per barrel Oil prices are up on Tuesday as investors’ hopes of a recovery in demand for fuel were boosted following the US’s drug regulator approving the Pfizer Covid-19 vaccine. The price of Brent crude oil is up by 0.7% to $69.26 per […]

The post Oil prices rise on approval of vaccine by US regulator appeared first on UK Investor Magazine.

Paypal’s move could be a catalyst for mainstream adoption PayPal, as of this week, will allow its UK-based customers to buy, sell and hold bitcoin and other cryptocurrencies, the company confirmed on Monday. It is the first time PayPal has expanded such services beyond the US and the move has been tipped as a catalyst […]

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Since gold reached a record high of more than $2,000 per ounce a year ago, it is down 14% London-listed gold miners have made substantial losses in their market value so far this year as the US dollar is approaching new highs. Year-to-date, a number of the UK’s best known gold miners, including Shanta Gold […]

The post UK gold miners fall back in 2021 as yellow metal underwhelms appeared first on UK Investor Magazine.

Coinbase has also partnered with a Japanese bank to broaden its customer base Coinbase (NASDAQ:COIN) is set to put $500m worth of cryptocurrencies on its balance sheet having received approval from its board. The Nasdaq-listed crypto exchange also said it intends to reinvest 10% of its profits into holding bitcoin and other cryptocurrencies. Coinbase recently […]

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Palantir will also accept Bitcoin payments Palantir (NYSE PLTR), the data mining company co-founded by technologist Peter Thiel, confirmed recently via a statement that it purchased $50m in gold bars. The move by Palantir is in response to what is deems to be an uncertain economic outlook, combined with a lack of desire to keep […]

The post Palantir buys $50m in gold to guard against ‘Black Swan Event’ appeared first on UK Investor Magazine.

96% of Ethereum investors are in the black August 2021 has seen more Twitter posts with the hashtag Ethereum than ever before. On 5 August there were a total of 59,950 tweets with the hashtag, as its ‘London upgrade’ and upward price movements have caused frenzy around the cryptocurrency. Ether has recorded strong levels of […]

The post Ethereum leading the way in August and could reach its all-time high before Bitcoin appeared first on UK Investor Magazine.

Oil prices fall by over 1% on Monday morning Oil prices were down by over 1% during the morning session on Monday as negative economic data emerged from China highlighting the impact of the coronavirus pandemic on the economy. Brent crude was down 1.21% at $69.40 a barrel by 0857 GMT, while West Texas Intermediate […]

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Retail investors have not yet caught on to the hype around commodities Institutional investors are increasingly making the case that a commodity supercycle is on the horizon, particularly where copper is concerned. Research has revealed that 82% of German pension funds believe that demand for commodities is set to surpass supply for an extended period […]

The post Institutional investors are anticipating an imminent commodity supercycle appeared first on UK Investor Magazine.

News follows calls by White House on OPEC and its allies to raise its levels of oil output Goldman Sachs said the USA’s plea to OPEC+ to increase output is unlikely to bring about higher production levels in the short-term as the Delta variant remains a threat to demand. Earlier this week, the White House […]

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White House The US government has called on OPEC and its allies to raise its levels of output in a bid to keep rising fuel prices under control, as inflation in America reaches its highest yearly growth rate in 13 years. While OPEC+ has recently increased its production levels, the White House is calling on […]

The post White House calls on OPEC+ to act to keep fuel prices under control appeared first on UK Investor Magazine.

Inflation at 5.4% and in line with analysts’ expectations in July The price of goods and services in America rose again in July, albeit in line with analysts’ expectations, on high levels of pent-up demand. The consumer price index increased by 5.4% in July year-on-year, as reported by the Labor Department, in a continuation of […]

The post USD on the backfoot and bond yields fall as US CPI meets expectations appeared first on UK Investor Magazine.

Family and friends are the first port of call for information on investing in crypto The number of people in the UK investing in cryptocurrencies has surged to 2m. Research has revealed that over a third of those British investors do not have a full understanding of how cryptocurrencies function. A survey put together by […]

The post How well do Brits understand cryptocurrencies? appeared first on UK Investor Magazine.

The amendment would specifically pose a threat to Ethereum The bitcoin price has reached its highest point in nearly three months as the cryptocurrency staged recovery over the past few weeks. At the time of writing, the price of bitcoin is at £32,968, having been close to £21,000 just three weeks ago. Other cryptos have […]

The post Bitcoin price surges amid controversial US Infrastructure Bill appeared first on UK Investor Magazine.

Over the course of the last month, gold is down by 5% Gold prices fell to their lowest point in four months on Monday morning as rumours fly that the Fed could be set to raise interest rates sooner than anticipated. After gold went below $1,750, it triggered a stop loss sale, bringing it down […]

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Brent crude has risen to around $70 per barrel after OPEC+ agreed to cut oil production Aramco, the Saudi Arabian energy giant, saw its profits surge by nearly 300% thanks to an increase in the price of oil as demand recovers across the world. The company, which is one of the biggest in the world, […]

The post Aramco profits rise almost four times boosted by increase in oil prices appeared first on UK Investor Magazine.

It is the largest rises in energy bills in over a decade Energy bills for as many as 15m homes will increase by at least 15% from October as record-high gas costs mean the price cap will be lifted. Ofgem, the gas and electricity markets regulator, said that 11m households on standard tariffs will see […]

The post Energy bills to increase by at least £139m for millions of UK households appeared first on UK Investor Magazine.

Ether is up by 2.76% over the past 24 hours on Wednesday ahead of a technical adjustment to the Ethereum blockchain that will change the way transactions are processed. The transition will come into effect on Thursday, according to Reuters, slightly behind the initially planned date. The upgrade will technically have taken place once the […]

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Spot gold fell 0.11% to $1,810.74 Gold prices held steady on Tuesday, while the dollar was also subdued, as investors await US non-farm payroll data due this week. Spot gold fell 0.11% to $1,810.74 per ounce by 1534 GMT. Senior officials at the Federal Reserve suggested that it could start to reign in its support […]

The post Gold price underwhelms as the precious metal awaits non-farm payroll figures appeared first on UK Investor Magazine.

Fresnillo Share Price The Fresnillo share price (LON:FRES) is up by 6.55% over the past five days as the FTSE 100 company divulged some positive news. The move comes on the back of a sustained downturn in the Fresnillo share price, particularly since November 2020 onwards. This was in part down to the fact that […]

The post Fresnillo share price bounces as miner reasserts guidance appeared first on UK Investor Magazine.

Helium One Share Price The Helium One share price (LON:HE1) is up by 18.04% over the pst five days as the helium exploration company revealed some positive news regarding drilling results. The Helium One share price has been on an outstanding run since the beginning of the year, adding 223.1% in the period. Following a […]

The post Helium One share price bounces as company overcomes drilling delays appeared first on UK Investor Magazine.

Just after lunchtime on Wednesday cable stands at $1.3869 The pound has sharply risen against the dollar over the past five days, with a big move coming yesterday afternoon. Covid cases fell in the UK, allowing the pound to win back some gains, while orders for durable goods fell short of Wall Street’s expectations, giving […]

The post Pound enjoys strong resurgence against the dollar appeared first on UK Investor Magazine.

TomCo share price The TomCo share price (LON:TOM) is up by 2.86% on Tuesday as the oil exploration company made an announcement regarding its proposed project in Utah. It is welcome news for the TomCo share price following a challenging month, as oil prices fell on OPEC+ negotiating its policy towards the commodity. However, the […]

The post TomCo share price boosted on update from Utah oil plant appeared first on UK Investor Magazine.

Tullow Oil Share Price Tullow Oil (LON:TLW) enjoyed a strong start to 2021, as demand picked up and OPEC+ kept its hand firmly on the supply of oil. However, the last month has seen a downturn in the Tullow Oil share price, falling by 20.8%. While the fate of oil over the remainder of the […]

The post Tullow Oil share price endures tough period in July appeared first on UK Investor Magazine.

Quantum Blockchain Technologies Share Price The Quantum Blockchain Technologies share price has soared by 40% on Monday as the crypto market staged a rally. Over the past month the crypto-focused company, listed on the AIM market, is now up by 22.5% per share to 1.20p. Investors will be hoping it is the beginning of a […]

The post Quantum Blockchain Technologies share price explodes amid resurgence in crypto appeared first on UK Investor Magazine.

The price of bitcoin surged by 11.07% overnight, reaching its highest point in over one month, above £28,000. It follows a reversal in the crypto market to a more bullish sentiment following mass sell-offs across April, May and June. Bitcoin’s rally coincided with other cryptocurrencies, including Ether, up by 8.14% in the past 24 hours, […]

The post Bitcoin soars overnight as short sellers feel the squeeze and Amazon rumours continue appeared first on UK Investor Magazine.

Castillo Copper share price well down during morning session Castillo Copper Limited (LON:CCZ) confirmed on Monday that the initial assays for drill-holes BO_315-317RC returned up to 9.19% Cu and verified extensions to known mineralisation at the Big One Deposit in Mt Isa’s copper-belt. Additionally, visual inspection of samples from drill-holes BO_322-27RC identified further copper mineralisation, […]

The post Castillo Copper returns up to 9% copper in Big One Deposit assays appeared first on UK Investor Magazine.

The pound was 0.25% lower against the dollar early on Friday morning Sterling dipped on Friday as retail sales surpassed expectations, while uncertainty remains over rising Covid-19 cases and the impact on the UK economy. The reaction was muted in the FX market “with both EUR and GBP trying to recover some of the losses […]

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The announcement comes after the ECB raised its inflation target to 2% The European Central Bank (ECB) committed to maintaining its low interest rates on Thursday, in addition to buying bonds, in an effort to move the eurozone economy away from slow-moving inflation. Lagarde said in here press conference that the ECB will persist with […]

The post Euro strengthens as Lagarde pledges to persist with low rates appeared first on UK Investor Magazine.

The digital currency has now traded above the £23,000 mark for the last 24 hours Bitcoin climbed higher on Wednesday as Elon Musk made a series of revelations regarding his rocket company SpaceX, bitcoin and a potential u-turn by Tesla. The digital currency has now traded above the £23,000 mark for the last 24 hours […]

The post Bitcoin climbs as Musk makes a series of revelations appeared first on UK Investor Magazine.

Greatland Gold says results from Growth Drilling continue to support the potential for resource expansion Greatland Gold (AIM:GGP) reported continued ‘excellent’ growth drilling results at its Havieron gold-copper project in the Paterson region of Western Australia. The AIM-listed company said drilling activities since the last update include new results from the Growth Drilling programme, which […]

The post Greatland Gold reports ‘excellent’ growth drilling results appeared first on UK Investor Magazine.

Bitcoin Price The price of bitcoin is up by 6.17% over the past 24 hours, moving above £23,000. The jump comes ahead of Elon Musk’s appearance at the “The ₿ Word” event, alongside Jack Dorsey of Square and Twitter, and Cathie Wood of ARK Invest. A week ago the bitcoin price was approaching £26,000, and […]

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Brent crude oil is down by 2.26% to $71.64 per barrel OPEC and its allies have reached an agreement to increase oil supply in an effort to keep soaring crude oil prices under control. The group will now pump an additional 400,000 barrels per day each month during August, increasing output by 2m barrels per […]

The post OPEC+ reaches agreement over deal to increase oil supply appeared first on UK Investor Magazine.

Shanta Gold says it remains on track to become a mid-tier gold producer in Africa Shanta Gold (AIM:SHG), the East Africa-focused gold producer, announced its production and operational results for the quarter ended 30 June 2021 on Monday. The update is regarding its East African assets, including New Luika Gold Mine (NLGM) and Singida Project […]

The post Shanta Gold cuts output guidance for 2021 appeared first on UK Investor Magazine.

Toon will join in a non-board role and will begin on Monday 12 July 2021 Greatland Gold (AIM:GGP), the precious and base metals exploration and development company, announced the appointment of Christopher Toon as chief financial officer on Thursday. Toon will join in a non-board role and will begin on Monday 12 July 2021. He […]

The post Greatland Gold confirms appointment of Christopher Toon as CFO appeared first on UK Investor Magazine.

Argo Blockchain Share Price The Argo Blockchain share price (LON:ARB) continued its steady decline throughout June, falling by 3.15% over the past month. From its high-point of 284p in the middle of February, the Argo Blockchain share price is down by well over 50%, sitting at 121.55p at the time of writing. While Bitcoin keeps […]

The post The Argo Blockchain share price dipped again in June as company provides monthly update appeared first on UK Investor Magazine.

Oil prices rise to a three-year high after countries fail to reach an agreement Opec+ have postponed a decision on whether or not to ramp up oil production as major players within the cartel have failed to reach an agreement on supply levels. The Financial Times reported that it is unclear when talks will start […]

The post OPEC agree to disagree providing challenge to inflation consensus appeared first on UK Investor Magazine.

According to the BP Statistical Review of World Energy 2020, 14 countries hold in excess of 90% of the world’s oil reserves across the world. As a byproduct of this ownership, these countries are able to obtain significant amount of economic power and influence. Despite its crippling levels of poverty, Venezuela is the leading nation […]

The post Which countries have the largest oil reserves and why does it matter? appeared first on UK Investor Magazine.

‘coinpass Trade’ is available to both individual and institutional investors Coinpass, the British cryptocurrency exchange, confirmed on Friday that it has now launched its own trading platform. The new platform, named ‘coinpass Trade’, will allow users to buy and sell crypto on an exchange which is listed on the Financial Conduct Authority’s temporary crypto asset […]

The post UK crypto exchange coinpass launches new trading platform appeared first on UK Investor Magazine.

Bitcoin’s current price is $33,000 Bitcoin reached its all-time high in April, just below the $65,000 mark. However, by July, the cryptocurrency had shed nearly 50% of its value. At the beginning of the year, bitcoin was just shy of $30,000, below its current price of $33,000. In the early part of June, bitcoin’s 30-day […]

The post Bitcoin was highly volatile during the first half of 2021 appeared first on UK Investor Magazine.

Oil prices hovering around their highest price since October 2018 Attention will turn to the OPEC+ ministerial meeting on Thursday, as officials will discuss crude output levels and supply for the coming months. Giles Coghlan, Chief Currency Analyst, HYCM said: “Naturally, buyers will be trying gauge what’s in store next, after the bullish run we […]

The post Oil rises as eyes turn to this week’s OPEC+ ministerial meeting appeared first on UK Investor Magazine.

‘A number significantly above the 700,000 mark could really get the dollar freight train running’ The US dollar is up by 0.38% on Tuesday against the pound as investors await this week’s non-farm payroll report. At the time of writing, the dollar is valued at £0.723076. “Dollar strength continues to weigh on the euro and […]

The post US dollar strengthens ahead of this week’s US non-farm payroll report appeared first on UK Investor Magazine.

FCA issued a warning to Brits using the crypto exchange Binance, one of the world’s largest crypto exchanges, has been told to halt its activities by the Financial Conduct Authority (FCA), one of the largest cryptocurrency exchanges in the world. In addition to ruling that Binance cannot conduct any “regulated activity” in the UK, it […]

The post UK regulator bans crypto exchange Binance from UK appeared first on UK Investor Magazine.

Elon Musk and Jack Dorsey have agreed to have a sit down discussion about bitcoin Tanzania’s central bank is making progress on a directive issued by president Samia Suluhu Hassan to facilitate the adoption of cryptocurrencies. The move follows the East African country banning crypto back in 2019, as the president now describes the impact […]

The post Tanzania central bank is working on implementing crypto appeared first on UK Investor Magazine.

The FTSE 100, which features companies that benefit from a weaker pound, is up by 0.47% Sterling fell on Thursday, down from its strongest position against the euro in over two months, as the Bank of England predicted inflation would exceed 3%. The central bank’s forecast of inflation is above its target for a “temporary […]

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The Bank for International Settlements says cryptos ‘all tend to work against the public good’ Central banks are increasing the pressure on cryptocurrencies, warning that they are not in the public interest, as they continue to strive to be the future of finance. Cryptocurrencies established within the private sector “all tend to work against the […]

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The dollar index was trading at 91.775 during the morning session in Asia The dollar retreated on Tuesday against other major currencies as Chair of the Federal Reserve Jerome Powell confirmed that a tighter monetary policy was not on the cards anytime soon. The dollar index was trading at 91.775 during the morning session in […]

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Ebrahim Raisi elected as leader of Iran The price of Brent crude oil is creeping higher again on Tuesday, as demand keeps picking up, while talks between the US and Iran over the lifting of sanctions appear to be stalling. Early this morning Brent crude oil went past the $74 mark, before retreating somewhat heading […]

The post Brent crude oil price goes past $74 as US/Iran talks stall appeared first on UK Investor Magazine.

China accounted for 65% of worldwide bitcoin production last year After staging a mini-recovery at the beginning of June, bitcoin has crashed again, as the Chinese Communist Party ramps up its crackdown on mining and trading. Bitcoin is down to $31,522 at the time of writing, from just under $41,000 two weeks ago, as Beijing […]

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The Bank of England could follow the ‘hawkish’ lead of its American counterpart before the eurozone The pound is down by 0.24% against the dollar on Friday, extending what has been a poor few weeks for cable. At the time of writing it is at $1.39, its lowest point in nearly seven weeks. It is […]

The post Retail sales reversal in May sends cable to a near 7-week low appeared first on UK Investor Magazine.

The average crypto holdings have gone up by £40 to £300 The FCA released a consumer research paper on Thursday detailing statistics and attitudes around the British public’s approach to cryptocurrencies. The UK regulator found that the profile of cryptocurrenices, such as bitcoin and Ethereum, has risen. 78% of adults say they have heard of […]

The post FCA research paints a positive and yet worrying picture of crypto space appeared first on UK Investor Magazine.

Investors rush to sell gold as Fed adopts a more hawkish tone Gold prices have dropped £37.09, or 2.8%, on Thursday on the release of the Federal Reserve’s interest rate statement. At the time of writing the price of gold now stands at £1,280.58. Following Jerome Powell’s statements about inflation, the US central bank’s dot […]

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Investors prefer to keep their bitcoin holdings in hot wallets instead of cold storage despite the risks Despite the decentralised purpose of bitcoin, it seems that only a few addresses hold a major share of the digital currency’s total supply. This is according to data collected by crypto trading simulator Crypto Parrot. As of June […]

The post Bitcoin held by 10% of richest addresses makes up 99% of supply appeared first on UK Investor Magazine.

Cryptocurrency Regulation Bill likely to be put forward in the oncoming Monsoon Session of Parliament India may soon classify bitcoin as an asset class, according to a report, after it initially took an unwelcoming view of the digital currency. Industry sources have suggested, according to a report from The New Indian Express, that the government […]

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Analysts at Goldman Sachs believe that Brent crude oil could reach $80 The price of Crude oil has made further gains into this week, reaching its highest point in 32 months. With Brent crude oil at $71.47 per barrel in the early afternoon on Monday, the energy market is being supported by speedy roll-outs of […]

The post Crude oil prices reach highest point in nearly 3 years on strong demand in US appeared first on UK Investor Magazine.

A number of south and central American nations have hinted at being willing to follow El Salvador’s lead Bitcoin appeared revitalised on Sunday evening and into Monday as the digital currency is now up by 8.94% in the past 24 hours to $38,179. There are a number of factors which appear to have encouraged the […]

The post Bitcoin closing in on $40,000 as Musk and president of Tanzania have their say appeared first on UK Investor Magazine.

Brent crude oil futures made it to $72.73 per barrel on Friday Demand for oil is expected to surpass pre-pandemic levels before the end of 2022, according to the International Energy Agency (IEA). The Financial Times reported that consumption fell by a record 8.6m barrels per day in 2020 as lockdowns were mandated across the […]

The post Oil prices at multi-year high with demand set to exceed pre-pandemic levels by 2022 appeared first on UK Investor Magazine.

Over the past three months gold is now up by 10% as inflation fears mount The price of gold soared yesterday following three consecutive days of losses as America revealed its inflation rate rose during May at the fastest pace in nearly 13 years. Compared to the same month a year ago, consumer prices increased […]

The post Gold touches $1,900 on fastest US inflation since 1992 appeared first on UK Investor Magazine.

The committee proposed a risk weighting of 1,250% for bitcoin Global regulators are calling for the toughest possible capital rules for crypto assets, even more so than more traditional assets such as stocks. Proposals by the influential Basil Committee on Banking Supervision have suggested that bitcoin should be subjected to a new “conservative prudential treatment”. […]

The post Bitcoin pushes past $38,000 as banking regulator calls for tough controls appeared first on UK Investor Magazine.

Greatland Gold (AIM:GGP), the precious metals exploration company, provided an update on Thursday regarding the ongoings at the Havieron gold-copper project in the Paterson region of Western Australia. Drilling activities since the previous report include new results from the current Growth Drilling programme. The latest results from this programme has seen seven new drill holes. […]

The post Greatland Gold announces ‘excellent’ growth drilling results at Havieron appeared first on UK Investor Magazine.

The topic of Brexit made a sudden return on Wednesday in what proved to bad news for the pound. The UK and EU failed to reach a breakthrough over Northern Ireland Brexit checks, however David Frost, chief negotiator of Task Force Europe, pointed out that talks had not broken down. “This a new situation, that […]

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Donald Trump called bitcoin a “scam” that would impact the value of the US dollar Bitcoin is down by over 12% over the past 24 hours as it threatens to go below $30,000 for the first time this year. Having come close to reaching $40,000 at the end of last week, bitcoin is now trading […]

The post Bitcoin threatens to go below $30,000 for the first time this year appeared first on UK Investor Magazine.

Bitcoin holds steady as announcements come from El Salvador and Paraguay via Twitter The president of El Salvador confirmed on Sunday that he will make bitcoin legal tender in the Central American country. Pending backing by the country’s congress, El Salvador would become the first country in the world to officially adopt the cryptocurrency. Bitcoin […]

The post Bitcoin set to become legal tender in El Salvador appeared first on UK Investor Magazine.

Brent crude oil reached highest level since May 2019 Oil retreated having touched multi-year highs on Monday, as the eyes of investors turn to talks this week between Iran and other nations over a nuclear deal that could push supplies of crude oil. Brent crude oil was down by 0.9% to just over $71.20 a […]

The post Oil falls back while investors look ahead to Iran nuclear talks this week appeared first on UK Investor Magazine.

For the first time since May 2019, Brent crude oil reached $71.99 per barrel The price of oil has touched a new two-year high, as demand is rising while economies emerge from lockdown restrictions and producers keep supply restricted. For the first time since May 2019, Brent crude oil reached $71.99 per barrel, having steadied […]

The post Oil hits two-year high as producers keep supply restricted appeared first on UK Investor Magazine.

Bitcoin is up by 3.38% to $37,344.7824 in the past 24 hours Bitcoin is constantly on the minds of investing-minded millennials as the cryptocurrency is viewed as a way of creating wealth. It could even be that millennials’ interest in bitcoin is what paves the way for an eventual mass adoption. Data collected by Crypto […]

The post Millennials are leading the way in the bitcoin community appeared first on UK Investor Magazine.

OPEC+ representatives agreed to move ahead with plans to release more oil to the market next month Brent crude oil surged past $70 per barrel for the first time since March on Tuesday. The news comes as OPEC+ stayed true to their plan of releasing more barrels of oil into an improving market. The benchmark […]

The post Brent crude oil surpasses $70 a barrel for the first time since March appeared first on UK Investor Magazine.

Spot gold may rise into $1,932-$1,953/oz range according to technical analysis Gold is toying with a five-month high ahead of European and US data set to be revealed this week that could provide insight into the health of the world economy. Gold retreated from its five-month high of $1,917 to just below $1,910. The recent […]

The post Gold retreats after reaching five-month high appeared first on UK Investor Magazine.

Bitcoin remains up by 38.2% since the turn of the year Bitcoin, after another chaotic month, has made its way above $40,000, as it seems to be recovering somewhat after a sell-off over the weekend. At the time of writing, one bitcoin is valued at $40,188.8, 2.26% up in the last 24 hours. That is […]

The post Bitcoin creeps back to $40,000 appeared first on UK Investor Magazine.

Gold composite has risen by 0.47% to $1907.25 Gold reached its highest point in four months on Wednesday, as the Fed continued to dismiss fears of inflation. The gold composite has risen by 0.47% to $1907.25 at lunchtime in the UK, and is up by 7.3% over the past month. Vice Chair of the Fed […]

The post Gold reaches four-month high amid fears of inflation appeared first on UK Investor Magazine.

Shanta Gold finds the precious metal in seven different intersections Shanta Gold (AIM:SHG), the East Africa-focused gold producer, provided an exploration update for its West Kenya Project on Tuesday. The report outlined seven different intersections as part of an 11-hole drilling programme in the West Kenya Project. The AIM-listed company said that its update was […]

The post Shanta Gold confirms high-grade drilling results from West Kenya Project appeared first on UK Investor Magazine.

Iron ore still up by over 20% over past three months The price of iron ore, the ingredient used to make steel, dived on Monday as China suggested that it would aim to calm rising prices amid concerns over inflation. On Monday China’s economic planning agency said it would come down on monopolies in commodities […]

The post Iron ore price falls as China intervenes over concerns of excessive speculation appeared first on UK Investor Magazine.

Goldman Sachs restates optimistic outlook for oil The price of oil rose on Monday as the revival of the Iran nuclear deal appears to be at risk. The West Texas Intermediate composite is up 1.25% to $64.6796 at lunchtime in the UK, while the Brent crude oil composite is up by 1.34% to $67.492. Despite […]

The post Oil price up as doubt cast over revival of Iran deal appeared first on UK Investor Magazine.

Bitcoin at lowest level since February The price of bitcoin plummeted again overnight to its lowest level since February after regulators in China came down on the use of cryptocurrencies by financial institutions. The crash took the price of bitcoin to below £28,000, and occurred alongside a slump in the wider crypto market. According to […]

The post Bitcoin plummets again as China moves against crypto appeared first on UK Investor Magazine.

UK unemployment rate between January and March of 2021 fell to 4.8% The Pound rose substantially on Tuesday, with Cable up 0.47% to 1.42, its highest level since February. Until now the Pound has been somewhat rangebound, as England entered the third stage of easing lockdown rules. The move comes as the UK jobs market […]

The post The pound flourishes on a positive day for UK jobs appeared first on UK Investor Magazine.

Gold composite up by 0.7% to $1,850.02 The price of gold rallied to its highest level in over 12 weeks on Monday as investors were spooked by fears over inflation in America. The price of gold, having risen to $2000 last summer, before retreating as announcements around vaccines emerged, is up to its highest point […]

The post Gold surges as investors spooked by inflation fears appeared first on UK Investor Magazine.

Tesla chief also confirmed that company has not recently sold its bitcoin holding The price of bitcoin plummeted over the weekend as Elon Musk ramped up his criticism of the cryptocurrency, before confirming Tesla has not recently sold any of its holding. This followed his announcement last week that the electric vehicle manufacturer would no […]

The post Bitcoin suffers as Elon Musk ramps up criticism on Twitter appeared first on UK Investor Magazine.

Bitcoin price plummets as Musk backtracks on support for cryptocurrency Elon Musk back peddled on his support for bitcoin on Wednesday as the Tesla chief announced the company was suspending its plans to receive payments for its vehicles in the cryptocurrency. The electric car manufacturer drew attention to concerns over its consumption of fossil fuels […]

The post Elon Musk says Tesla will not accept bitcoin payments over environmental concerns appeared first on UK Investor Magazine.

Ethereum market cap nears 50% of bitcoin’s Ethereum soared past the $4,000 mark on Monday, reaching an all-time-high in a continuation of a massive recent bull-run. Over the past month, Ether, the digital token of the Ethereum blockchain, is up by over 90%, bringing its market cap to $476.3bn, while bitcoin’s stands at $1.1trn. “(Crypto […]

The post Ethereum surges past $4,000 mark while Musk says SpaceX will accept Dogecoin appeared first on UK Investor Magazine.

The iron ore composite made it to $169.36 The iron ore composite is up by 4.3% on Monday as expectations of a global recovery from the coronavirus pandemic are growing. The iron ore composite made it to $169.36, meaning it is now up by 23.5% over the last month. The latest jump comes in the […]

The post Iron ore price jumps on expectation of global recovery appeared first on UK Investor Magazine.

Pound continues rally vs the dollar from last week The British Pound made a flying start to the week on Monday as investors seem reassured that the political climate will remain calm. The Scottish National Party, led by Nicola Sturgeon, won 64 seats in the Scottish Parliament election, one short of a majority. If Scotland […]

The post Pound rallies to over $1.40 following results of Scottish election appeared first on UK Investor Magazine.

Castillo Copper working on next phase of exploration for the flagship Mt Oxide Project Castillo Copper (LON:CCZ), a base metal explorer primarily focused on copper across Australia and Zambia, gave an operational update on its exploration plans as the price of copper reached new highs last week. In a statement from managing director, Simon Paull, […]

The post Castillo Copper provides operational update as price of copper reaches record high appeared first on UK Investor Magazine.

Greatland Gold expecting the establishment of the portal in the coming weeks Greatland Gold (AIM:GGP) has provided an update on the drilling campaign at the Havieron deposit in the Paterson region of Western Australia, which it is developing under a joint venture with Newcrest. The latest results further highlight the potential for extensions to the […]

The post Greatland Gold reports ‘excellent’ growth drilling results at Havieron appeared first on UK Investor Magazine.

Fresnillo maintains 2021 guidance despite continued uncertainty Fresnillo (LON:FRES), the world’s largest producer of silver, released a Q1 output update on Wednesday which said its production of silver had declined. The FTSE 100 company’s attributable silver production was 12.6 moz, down by 2.4% from the quarter before. The fall came about as a lower volume […]

The post Fresnillo shares down on Q1 output update appeared first on UK Investor Magazine.

Brent crude futures fell to $64.78 The price of oil fell on Monday as Covid-19 cases surged India, one of the world’s biggest oil importers. Ahead of a planned increase in OPEC+ oil output in May, investors have now adjusted their positions. Brent crude futures fell to $64.78, down 2.01%, by 0900 GMT on Friday, […]

The post Oil prices fall as India’s battle with Covid-19 weighs on demand appeared first on UK Investor Magazine.

Bitcoin down by 10% in 24 hours The bitcoin price has tumbled in recent days soon after reaching a record high. Since nearly getting to $65,000 on 14 April, following the Coinbase IPO, bitcoin is now down to $48,000. It represents a drop of 35% in the value of the pre-eminent crypto currency. The news […]

The post Bitcoin plummets below $50,000 appeared first on UK Investor Magazine.

India’s coronavirus death toll now stands at nearly 180,000 Oil prices slipped on Monday as rising cases of Covid-19 emerged across the world, leading to measures to tackle the pandemic being reinstated. The strong measures to curb the spread will have knock on effects on economic activity, including demand for oil. Having risen by 6% […]

The post Oil falls as rising Covid cases set to slow demand appeared first on UK Investor Magazine.

US dollar index down to 92 as Consumer Price Index rises by 6% Consumer prices jumped up in March on a robust economic recovery from a year ago when the coronavirus pandemic took a stranglehold of the US economy, the Labor Department said on Tuesday. The consumer price index increased by 0.6% compared to the […]

The post US dollar falls as consumer prices jump appeared first on UK Investor Magazine.

Bitcoin record comes one day before Coinbase IPO Bitcoin has set a new all-time high on Tuesday, surging above $63,000, before retreating slightly. The pre-eminent cryptocurrency has been pushing up in recent weeks, and is up by over 7% in the last seven days. The record has come just one day before crypto exchange Coinbase […]

The post Bitcoin climbs above $63,00 to all-time high appeared first on UK Investor Magazine.

Thiel suggests China wants two reserve currencies Co-founder of PayPal and venture capitalist Peter Thiel has expressed concerns that China could leverage bitcoin to weaken America’s position on the world stage. Thiel made the comments at a virtual round-table event hosted by the Richard Nixon Foundation earlier this week. Thiel, who described himself as a […]

The post Bitcoin akin to ‘Chinese financial weapon’ says Peter Thiel appeared first on UK Investor Magazine.

UK Manufacturing PMI rose sharply in March to 58.9 The pound held steady vs the dollar on Thursday, while down slightly against the euro, as traders are optimistic over its outlook. During Q1 of 2021 the pound enjoyed its strongest performance since 2015, gaining 4.8%. UK Manufacturing PMI rose sharply in March to 58.9, a […]

The post Pound holds steady vs euro as optimism grows over UK economy appeared first on UK Investor Magazine.

Bitcoin reached all-time high of $61,701 in March After a volatile month so far, bitcoin has somewhat stabilised as April nears. Having climbed above $61,000, before falling back down to $51,000, the cryptocurrency appears to have now consolidated at the $55,000 mark. Repeated attempts to surpass $60,000 have failed to materialise since bitcoin set its […]

The post Bitcoin stabilises at $55,000 as PayPal launches crypto checkout service appeared first on UK Investor Magazine.

Spot gold fell by 1.18% to $1,712.90 The price of gold fell on Monday as the US dollar strengthened and hopes of a speedy economic recovery dampened demand for the precious metal. The commodity fell by 1.18%% to $1,712.90 in the afternoon, while gold futures dipped 1.18% to $1,711.80. There are three reasons driving this […]

The post Dollar rising sends gold down appeared first on UK Investor Magazine.

AEX Gold deploys mining consultant to conduct assessment AEX Gold (LON:AEXG) today informed its investors that the company is making significant progress as it reviews the development plan of the Nalunaq project. Following a decision to postpone development while lockdown measures remained in place, the AIM-listed company announced that following a consultation with shareholders, there […]

The post AEX Gold provides update on progress for revised development plan appeared first on UK Investor Magazine.

Shanta Gold sees potential for upgrading the existing resource estimate at Luika Shanta Gold (LON:SHG) confirmed encouraging drilling results from 22-hole programmes at the New Luika gold mine in Tanzania, the West Kenya project and the Singida gold project. Drilling at Luika at hole CSD206 intersected 9.29 m grading 11.27 g/t Au from 441 m, […]

The post Shanta Gold reports ‘promising’ results across assets appeared first on UK Investor Magazine.

Bitcoin’s market cap worth $1trn After getting close towards the end of February, bitcoin broke above $60,000 over the weekend. The cryptocurrency’s previous all-time high of $58,332 was just under a month ago and has threatened on a number of occasions since to go past the $60,000 mark. While previous milestones have been surpassed in […]

The post Bitcoin breaks $60,000 appeared first on UK Investor Magazine.

Pound continues recent surge The pound rose against the euro today following the ECB’s announcement that it will step up its bond buying over the first quarter of 2021. At 1230 GMT, when the ECB made its policy announcement, GBP/EUR was at 1.1661. However, at 1500 GMT on Thursday, one British pound was worth €1.1686. […]

The post Pound rises against the euro as ECB ramps up bond buying measures appeared first on UK Investor Magazine.

Greatland Gold establishing new targets outside of Havieron deposit Greatland Gold (AIM:GGP) reported on Thursday “outstanding” results from the company’s Havieron deposit in the Paterson region of Western Australia. In addition, the company confirmed its JV partner, Newcrest, is on track with its growth programme for the coming year at Havieron with 65km of drilling […]

The post Greatland Gold reports ‘outstanding’ drilling results appeared first on UK Investor Magazine.

Norwegian gas and oil giant Aker ASA now investing in bitcoin Bitcoin rose for the fourth day in a row yesterday, briefly getting above the $55,000 mark. Heading into lunchtime on Wednesday the cryptocurrency is sitting at $54,863 following a slight retreat back. Its market cap is again above $1tn as investors ponder the prospect […]

The post Bitcoin heading for $70,000 after breaching $55,000 mark appeared first on UK Investor Magazine.

Silver rallied on Monday and into the Tuesday session, edging towards the $26 level. Earlier in the year, the devil’s metal rose by 15% to $30, its highest level in eight years. This came as Reddit investors flocked to silver by following comments on the WallStreetBets’ forum. Over the last 12 months, the precious metal […]

The post Is silver the next asset class to fly? appeared first on UK Investor Magazine.

Gold trading below $1,700 Gold prices dipped below $1,700 on Friday as US non-farm payroll figures surpassed expectations. America added 379,000 jobs in February, significantly more than the 180,000 forecasted by economists. The market for the precious metal fell under pressure ahead of the employment statistics and lost ground in the immediate aftermath. The last […]

The post Gold slumps to a near nine-month low following non-farm payroll figures appeared first on UK Investor Magazine.

Opec and allies to restrict oil supply during April Oil prices have climbed to a 14-month high as Brent crude oil reached $67.85 per barrel today, its highest level since January 2020. West Texas Intermediate is up to $64.8 per barrel on Friday morning. The news came as Opec and its allies made the decision […]

The post Oil prices climb to 14-month high appeared first on UK Investor Magazine.

Metal Tiger CEO looking forward to providing details of KML’s follow-on drilling activities Metal Tiger (LON:MTL) gave an update on Thursday morning on “encouraging progress” at the Kitlanya East copper-silver project in Botswana, operated by Kalahari Metals Ltd (KML). Airborne geophysics survey and soil sampling results highlight the potential for the South Fold target to host copper-silver […]

The post Metal Tiger encouraged by progress at the Kitlanya East copper-silver project appeared first on UK Investor Magazine.

Oil at highest point since 2019 Oil has continued its recent resurgence despite a recent weak performance of the Chinese manufacturing sector. West Texas Intermediate (WTI) began February at $53.55 per barrel and finished the month $61.50, up early 15%. Brent crude oil started February at $56.35 per barrel and was valued $66.13 heading into […]

The post Oil shrugs off poor China manufacturing data to continue rally appeared first on UK Investor Magazine.

Bitcoin falls by 20% in five days Bitcoin is down by 9.53% in 24 hours following the cryptocurrency’s recent surge to record highs. The price of of the cryptocurrency is now valued at just above $46,000, down from $51,600 a day before. The cryptocurrency reached an all-time high of $58,000 on Sunday as a series […]

The post Bitcoin plummets as Bill Gates wades into the debate appeared first on UK Investor Magazine.

Pound at $1.42 on Wednesday before retreating The pound reached $1.42 on Wednesday, building on the UK currency’s ongoing surge. While Boris Johnson’s roadmap out of lockdown hardly inspired eagerness within investors, it appears to have laid the foundations for a positive outlook. The pound edged past $1.411 yesterday, its highest level in nearly three […]

The post Pound keeps climbing against the dollar and the euro appeared first on UK Investor Magazine.

Pound up to $1.404 in early trading before retreat The pound rose again today against the dollar and the euro before falling back as news of a more gradual than anticipated lifting of UK lockdown measures leaked.  Cable edged up to $1.404 before falling back slightly. This follows its move past $1.4 on Friday, its […]

The post Pound gains offset ahead of Prime Minister’s speech appeared first on UK Investor Magazine.

Copper now 10% below peak reached in 2011 Copper shot up on Monday by over 3%, moving above the $9,000 per tonne mark for the first time in nearly a decade.  The news follows a recent rally of the brown metal. At the end of last week, copper made a third consecutive weekly gain. The […]

The post Copper reaches $9,000 for first time in nearly ten years appeared first on UK Investor Magazine.

Pound strengthening ‘not a proxy’ for the FTSE 100 The pound edged past $1.40 on Friday, its highest level in nearly three years, in a show of continued optimism surrounding the UK economy. As the close of Friday trading nears, Cable is sitting above the $1.40 mark, up over 0.3% on the day. The pound […]

The post Pound up past $1.40 ahead of announcement by Prime Minister appeared first on UK Investor Magazine.

Oil reaping the benefits from economic optimism The only way is up for the price of oil as the commodity’s recent resurgence shows no signs of slowing down.  Brent crude oil was up at $64.62 on Wednesday, a gain of over 2% on the previous day’s close.  West Texas Intermediate climbed to $61.11 during the […]

The post Oil prices keep marching higher appeared first on UK Investor Magazine.

Cold spell in Texas causes pressure on supply and demand Oil prices soared to their highest point since January 2020 as vaccine roll-outs provide hope, in addition to a cold spell in energy-rich Texas intensifying demand.  Brent crude oil was up as high $63.76 before coming back down to $63.25 at midday. An increase of […]

The post Oil reaches its highest price in over a year as Texas freezes over appeared first on UK Investor Magazine.

Pound above $1.39 on optimistic outlook for UK economy The pound has risen again today following news that the vaccine roll-out is surpassing expectations, in addition to a weak US dollar. For the first time since April 2018, the pound is valued at $1.39, as optimism over a global recovery lifted the FTSE 100.  The […]

The post Pound at highest level against US dollar since 2018 following vaccine news appeared first on UK Investor Magazine.

Pressure to adopt bitcoin intensifies on Wall Street The world’s leading investment bank JP Morgan has revealed plans to trade bitcoin.  JP Morgan is the latest major player to back the cryptocurrency by saying it is looking at trading bitcoin “at some point” in the future.  Daniel Pinto, co-president of JP Morgan told CNBC on […]

The post JP Morgan will ‘at some point’ trade bitcoin appeared first on UK Investor Magazine.

The commodities supercycle is underway. That is, according to Goldman Sachs and S&P Global. Commodity prices have already swung up as the world economy recovered from the pandemic and more is yet to come. There are three key factors driving the commodities bull-run now and into 2021. China China is the leading consumer of a […]

The post What is driving a potential commodities supercycle? appeared first on UK Investor Magazine.

50% increase in copper demand forecast over next 20 years The ever-growing market for electric vehicles will cause a huge increase in demand for copper in the coming years.  With other factors coming into play too, the metal could be in store for a price surge in 2021.  Research by Canalys, the technology analyst, shows […]

The post Electric vehicle sales set to cause a surge in demand for copper appeared first on UK Investor Magazine.

Tesla will also accept payments in bitcoin Tesla announced on Monday that the company has purchased $1.5bn worth of bitcoin.  Tesla has said it established its bitcoin holding for “more flexibility to further diversify and maximize returns on our cash,” in a filing with the Securities and Exchange Commission.  Furthermore, Tesla will be accepting payments […]

The post Bitcoin over $44,000 as Tesla buys $1.5bn worth appeared first on UK Investor Magazine.

Oil price increase a sign the recovery is in sight Having reached an all-time low in April 2020 due to worldwide lockdowns, oil has climbed back to its pre-pandemic level. Brent crude oil was valued this morning at $60 per barrel for the first time since January 2020.  The news is a continuation of the […]

The post Oil prices rebound to pre-pandemic levels appeared first on UK Investor Magazine.

Oil continued its rally following a 2% jump on Tuesday after Saudi Arabia said it would be raising the price of oil for buyers in the US and Europe. Hopes of increased demand as economies reopened also buoyed prices. Both global and US crude benchmarks rebounded as President Joe Biden pressed ahead with the US […]

The post Oil rises to highest point for over a year appeared first on UK Investor Magazine.

Bank of England says no negative interests rate in the near future The Bank of England today announced it will not implement a policy of negative interest rates.  Instead, following a vote by the Monetary Policy Committee, the central bank held interest rates at 0.1%.  The Bank of England’s confidence in the UK economy caused […]

The post GBP/USD jumps as Bank of England holds interests rates appeared first on UK Investor Magazine.

Margins on Comex silver futures raised to $16,500 per contract Just one day after reaching its highest price in eight years, silver plunged down by nearly 6% on Tuesday.  The precious metal’s rally came to a halt as The CME Group raised margins on Comex silver futures.  As of February 2, margins will rise from […]

The post Silver comes crashing down after eight-year high appeared first on UK Investor Magazine.

Profits fell by 96% in final quarter of 2020 BP slumped to an overall loss of $5.69bn in 2020 as the coronavirus pandemic took its toll on the energy market. The company’s underlying replacement cost profit, a barometer for net profit/less, was at $0.1bn over the final quarter of the year. This compared to a […]

The post BP profits down as pandemic hits oil industry appeared first on UK Investor Magazine.

Silver up by 11% to $30 per ounce The price of silver is at its highest point since 2013 following a community of online traders turning their attention towards the precious metal.  Big fund managers will be on alert after Redditors drove the price of GameStop up earlier this month, causing hedge fund Melvin Capital […]

The post Silver rallies to eight-year high as retail traders go again appeared first on UK Investor Magazine.

The pound has hit an 8-month high against the Euro, hitting €1.132 for the first time since last May. The pound also hit a 32-month high against the dollar – up almost a cent today at $1.374. The markets are also trading at record highs today on anticipation of a major new US stimulus package. […]

The post Stocks & commodities react to Biden inauguration appeared first on UK Investor Magazine.

Global Palladium Fund (GPF), which was founded in 2016 by Norilsk Nickel (MCX:GMKN) – a nickel and palladium mining and smelting company based in Northern Russia – has announced the launch of a “competitively priced physically backed metal” ETC (exchange-traded commodity) range on the London Stock Exchange. The ETCs are set to have the lowest […]

The post Norilsk Nickel lists metal ETCs on the LSE appeared first on UK Investor Magazine.

The price of gold made a modest rally on Tuesday afternoon, gaining 0.25% to $1,840.91 per ounce after lunchtime, following a turbulent few weeks which saw the precious metal take a -2.31% hit. Responsibility for the uptick, analysts at FX Street say, is “exclusively sponsored by the emergence of some selling around the US dollar, […]

The post Gold rallies ahead of Biden inauguration appeared first on UK Investor Magazine.

Oil had a stormy year in 2020, plummeting to record lows during the near-global lockdown in the spring, before rapidly climbing towards the latter end of the year as travel restrictions were gradually loosened and vaccine optimism sparked a jump in demand. Earlier this week, oil rallied to an 11-month high with Brent Crude coming […]

The post Oil: An outlook for 2021 appeared first on UK Investor Magazine.

Swiss investment bank UBS has announced that it expects silver to outperform gold in 2021, following a year which saw “safe haven” precious metals hit record highs and reap the benefits of global stock market volatility. 2020 was a remarkable year for gold, which surged to a record high of $2,075 in August after one […]

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Oil has continued its rally and has hit an 11-month high. The price of Brent Crude jumped 1% and is over $57 per barrel. The price is expected to pick up as demand surges once the vaccine rolls out and the pandemic comes to an end. The rally in oil price comes following reports that […]

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The price of oil has climbed on Tuesday morning against a weaker dollar, following yesterday’s announcement that Goldman Sachs expects Brent prices to reach $65 per barrel by this summer. A combination of Saudi Arabia’s decision to cut output and anticipation of a Democrat-driven stimulus check in the US has also boosted the commodity – […]

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Bitcoin crashed over 10% on Monday morning to around $34,000. This comes after a recent surge where the price of the cryptocurrency doubled in just five weeks. As the price of Bitcoin drops, the FCA has issued a warning around investing in cryptocurrencies. It said: “Investing in cryptoassets, or investments and lending linked to them, […]

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It was another record-breaking day for Bitcoin as the cryptocurrency surged above $40,000 (£29,500) for the first time. Bitcoin has doubled in value over December as it hit the $20,000 mark halfway into the month. Its price has increased by more than 700% since March 2020. Naeem Aslam, the chief market analyst at AvaTrade, commented […]

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After an OPEC meeting where Saudi Arabia agreed to reduce oil output, the price of oil has hit an 11-month high. In February and March, the world’s largest oil producer will reduce output by one million barrels a day. Following the news, the price of Brent Crude was up almost 1% to $54.09 a barrel. […]

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Bitcoin has surged to a record high, surpassing $28,500. The cryptocurrency has gained over 5% today and 46% since the start of the month. The increase in Bitcoin comes as the US dollar slides to its lowest level since April 2018. Jeffrey Halley of OANDA commented: “It is clear that currency markets are pricing in […]

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The pound has soared against the dollar on rumours that a Brexit deal could be announced this morning. The pound has gained over three-quarters of a cent to around $1.357, which adds to yesterday’s gains on speculation that a Brexit deal was close. The pound is up 0.8% on the Euro, 1.27% on the dollar […]

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The price of crude oil plummeted on Monday as concerns mount over the rapid spread of a new strain of Covid-19, causing a mass travel ban between the UK and more than 30 other countries around the world as leaders fight to keep the variant from spreading. Known as VUI-202012/01, the new strain was first […]

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The pound sterling plunged 2.2% this morning amid the Brexit transport chaos and fears of the new Coronavirus strain. As the prime minister put London and other regions into Tier 4 and tightened restrictions across Christmas, the pound plunged to a month-low.  The lack of progress in Brexit negotiations has also caused the pound to […]

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Bitcoin has surged to an all-time high of over $20,000. The cryptocurrency has surged 400% this year from $3,600 in March and rose 6% on Wednesday alone to hit $20,632 against the US dollar. The rally in Bitcoin comes after the cryptocurrency reached highs in 2017, hitting close to $20,000. By February it then crashed […]

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The pound has jumped on the news that progress was being made in Brexit talks. European Commission president Ursula von der Leyen said this morning that there is a “path to an agreement now”, causing the pound to gain half a cent against the US dollar to over $1.35. “As things stand, I cannot tell […]

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Having fallen on Monday, the price of gold rose by 1.25% on Tuesday, as traders reacted to a weakening dollar and expectations of a compromise-ready Fed meeting on Wednesday. With Fed stimulus coming at some point (hopefully soon), and talk of negative rates being floated around again following the latest London lockdown announcement, there is […]

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Following Boris Johnson and Ursula von der Leyen’s UK-EU trade talks on Sunday, the pound has risen nearly one and a half cents against the US dollar at $1.336 and nearly one eurocent at €1.1. As trade talks continue, there is relief that a deal could be in the progress od being made over the […]

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Following the news that the likelihood of a no-deal Brexit is a “strong possibility”, the pound was down almost 0.4% against the euro to 1.091. European Commission president Ursula von der Leyen told EU leaders on Friday: “The probability of a no deal is higher than of a deal…To be seen by Sunday whether a […]

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Sterling broke on a bad note on Thursday morning after the highly-anticipated talks between UK Prime Minister Boris Johnson and European Commission chief Ursula von der Leyen failed to culminate in a Brexit trade deal. Although an agreement to continue negotiating has reportedly been reached, hopes of a deal are becoming slimmer by the moment, […]

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Data provided by Dutch financial services platform, Bankr , showed that between November 9 and December 8, Bitcoin miners collected a total of $551.45 million in revenue, with a daily average of around $18.38 million. The highest daily figure corresponded with a Bitcoin surge, which saw revenues hit $21.76 million on December 3. Meanwhile, the […]

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Hitting a nine-month high, the FTSE 100 finished the week at the front of the global equities pack, beating its Eurozone and US counterparts thanks to the continued recovery of Shell (LON:RDSA) and BP (LON:BP). Oil majors saw the UK index enjoy a happy Friday, rising 0.92%, to 6,550.23 – its highest level since the […]

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LSE-listed fintech, Mode Global Holdings (LON:MODE), has been on the right side of the recent Bitcoin surge, with the company reporting that in-platform trading volumes spiked by 950% between August and November. The company said that customers have been using their app to buy and hold Bitcoin as the cryptocurrency hit its highest price since […]

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Brent Crude and WTI oil prices fell on Monday, with the hopeful mood surrounding the latest OPEC meeting undone by unsettling disunity. The OPEC+ summit finished the day without a decision on whether to delay production increases, and the ensuing discomfort of commodities traders was reflected in price movements as the day progressed. Making its […]

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Ministers from the world’s largest fossil-fuel producing nations are set to meet virtually on Monday to discuss what the future holds for the global oil market in 2021. After a turbulent year which saw prices crash to their lowest level in more than 20 years in so-called “Black April”, news of more lax lockdowns and […]

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It feels as though we’re copy and pasting an old story. The pound sterling drops as two sides willing to negotiate and unwilling to compromise, hit another stalemate over the allocation of post Brexit fishing rights. Michel Barnier made his way to London on Friday, following news that the UK negotiating team had turned down […]

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This year has seen the rise of hydrogen fuel cell backers such as Nikola Corp and Plug Power, and recent entries from forward-thinking blue chips like Hyundai. In fact, the latter is committed enough that in October, it announced that it would use around 70,000 ounces of platinum per year in its fuel cell stacks […]

The post Platinum prices rise as global Hydrogen Fuel demand could require 600koz of supply by 2030 appeared first on UK Investor Magazine.

The price of gold fell nearly 2% to a 4-month low on Monday after better-than-expected U.S. business activity data and optimism over the progress in Covid-19 vaccine development sent investors turning away from their safe haven assets, as hopes mount that a swift economic recovery may be on the horizon. Spot gold dipped 1.68% to […]

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Shock, the third Monday in a row where vaccine news push value stocks higher. Though underwhelming, the AstraZeneca (LON:AZN) vaccine trial results shoved long-suffering air travel, financial and commodities stocks higher, once again. Across the FTSE 100, air travel stocks led the way, with Rolls Royce soaring 7.60%, while IAG bounced around 5.50%. Meanwhile, mining […]

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The price of oil has hit its highest level since early September. As markets are optimistic around the vaccine news, the demand for oil should continue to increase if the vaccine is rolled out. Brent crude is up 1.67% at $45.71 per barrel, which is the highest price in nearly three months. “Positive sentiment continues […]

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Bitcoin surged to a 3-year high of $17,891 – its highest level since December 2017 – on Wednesday after surging almost 10% over the past 24 hours. The world’s most valuable cryptocurrency, Bitcoin is often lambasted by critics for its historically unreliable price. In March this year, it was trading at just $5000, but in […]

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Fintech firm, Glint Pay, announced on Wednesday that it has taken its ‘first major steps’ in offering a gold-based corporate facility, as investment manager, Perspective Investments, opened a business account and became the fintech’s largest corporate client. Perspective Investments said they will use their Glint Pay business account to store capital, and will offer employees […]

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While not moving quite as enthusiastically as they did after previous vaccine updates, Pfizer‘s latest news saw global equities nudge higher on Wednesday. Noticeably muted, though, was the FTSE. Having led the pack in recent vaccine news rallies, the index was weighed the pound rising on renewed Brexit hopes. While the Dow Jones rallied by […]

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British precious metals dealer, Direct Bullion, stated on Monday that it believes the gold price will ‘break new records in 2021’, with lingering economic uncertainty driving demand for the commodity in the new year. Despite a predicted 9% increase in production in 2021, Metal Focus expects gold to remain high, and above $2,000 per troy […]

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After a harsh year for oil traders, in which some blue chip equities hit twenty-year lows, the short-lived enthusiasm for a COVID vaccine has seen oil prices slump once again at the end of the week. Speaking on Thursday, the IEA reiterated the sentiment of other sceptics, saying that, “It is far too early to […]

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Gold gained towards the end of the week after the initial buzz from the news that the BioNTech-Pfizer vaccine proved more than 90% effective in Phase III tests begun to wear off, with doubts over the efficacy and distribution. Markets soared back on Monday in response to the US election result, but coupled with the […]

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Gold as currency fintech firm, Glint Pay, has continued its expansion since its Crowdcube campaign in 2018. Today, it announced that it had secured an additional £2.5 million in funding to support its growth, to 138,000 active users in the next twelve months. The funding news follows the launch of Glint Pay’s peer-to-peer transfer facility […]

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Having fallen during the week before last, global equities have since been spurred by the Joe Biden victory and Pfizer vaccine hopes. On Thursday, however, some of the good-feeling steam wore off, as investors greedily priced in potential upsides in the short-term. Choosing to be overly optimistic in the moment, markets are now watching equities […]

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Having cheered on the news of Pfizer’s (NSYE:PFE) vaccine candidate demonstrating 90% efficacy, global equities heavily priced in COVID challenges being overcome, and favoured pandemic casualties during trading on Tuesday. Leading the charge and at one point up by almost 18%, Lloyds finished up by 6.63%, up to 32.82p a share. Following close behind were […]

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On Wednesday, investors responded to election result uncertainty by heavily backing proven winners and market leaders, and this saw an enormous uptick in US big tech stocks. After making upwards movements of around 3% in futures, the tech-laden Nasdaq Composite then saw additional growth, up around 4% – at 11,605 points. This tech stock storm […]

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On the list of things markets hate, uncertainty, political conflict, and drawn-out disruption must all rank fairly highly among the top downside risk factors. Despite that, and ahead of what may end up being a closer-fought contest than many anticipated, global equities shot up at an unreasonable rate on the eve of the US Presidential […]

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Shrugging off some of last week’s losses, global equities decided Monday was a time to be bullish. Given the broad macroeconomic and political outlook, you’d think they wouldn’t have much to be positive about, but perhaps that’s just it – they priced in potential downsides too hard before trading. Alternatively, things are set to get […]

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With daily COVID cases breaking the 500,000 threshold, the final bell on Friday marks the end of a week that global equities would rather forget. Unfortunately, this doesn’t seem likely, with a busy and nail-biting smorgasbord of headlines for investors to consider next week. For today, the picture was rather bleak. Despite Eurozone GDP posting […]

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Portfolios have had to use their back-up parachutes this week, having used their first ones on March’s market free-fall. After three days of consecutive losses, global equities pretty much held their ground on Thursday, thanks to ECB stimulus and GDP announcements. Speaking earlier in the day, IG Chief Market Analyst, Chris Beauchamp, said: “A degree […]

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It’s still an election, twenty new COVID policy measures, and a Christmas dinner away, but its worth trying to anticipate what equities will look like as the clock strikes midnight on New Year’s Eve. And, here are three factors to consider. The Christmas COVID Crunch Despite the police commissioner’s misguided tough guy comments about breaking […]

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Having posted some painful losses on Monday, continued second wave fears saw European equities lead the downward-facing indexes on Tuesday. Speaking on the day’s performance, IG Chief Market Analyst, Chris Beauchamp, commented: “A small overnight recovery for stock futures has been rapidly given back as the session got underway, and so far there is no […]

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An obligatory Parental Guidance sticker has been stuck on Monday’s global equities movements. Because, between election, company data, and COVID jitters, it was an unadulterated horror show. Global equities hardly elated over the election Quaking in their boots just over a week out from the US election, global equities watch in horror as the Biden […]

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Having been extremely sensitive to Brexit developments, the Pound Sterling remained fairly calm, even as Boris Johnson officially walked away from trade talks. The British PM walks away in a show of force that acts more as an invitation for future concessions, than a door closing on negotiations. Even with the 15th of October acting […]

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It’s little secret that FTSE 100 oil stocks have been absolutely battered in 2020, and today’s share price drops seemed to add icing to the rather underwhelming cake. If you’re confused about why today in particular is significant, here are a few reasons why it might be so. Number 1: Sluggish oil price recovery Yes, […]

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Shares at BP plc (LON:BP) have plunged to their lowest level since 1995, reaching a mere £2.10 on Wednesday and falling from its £5-a-share value at the start of 2020, just weeks after new CEO Bernard Looney warned of a major restructuring drive amid mounting fears about the role of the oil industry in the […]

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Gaining as much as 3.4% last week, global equities optimism remained largely in place as the week’s trading kicked off, with considerable rallies in the US and Asia leaving their European counterparts trailing behind. Up 0.89%, to 28,842, the Dow Jones hit 28,842 points, a new five-week high. Moving ahead even more bullishly, the Nasdaq […]

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American indices led global equities optimism at the end of the week, with the Nasdaq, Dow Jones and S&P 500 all hitting five-week highs, as Speaker Nancy Pelosi tried to pressure Donald Trump into committing to a more comprehensive stimulus package. Pelosi’s spokesperson, Drew Hammill, stated that Mnuchin had “made clear the President’s interest in […]

The post Nasdaq at five-week high with Fed stimulus likely to extend beyond airlines appeared first on UK Investor Magazine.

The Dow Jones posted considerable gains on Wednesday, after an utterly cringeworthy ‘will he, won’t he’ from Donald Trump, which resulted in a pledge to back renewed Fed stimulus, should he retain office in November. The update follows a back-and-forth of dangling and removing the option of stimulus during Tuesday trading, which saw the Dow […]

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Global equities appeared by-and-large unmoved on Tuesday, though hopes of a renewed Federal Reserve stimulus package gave European markets enough momentum to finish in the green. As stated by Spreadex Financial Analyst, Connor Campbell: “Now that Trump, irresponsibly or otherwise, is out of hospital and back at the White House, hopes appear to have been […]

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After starting the week on a bright note, the FTSE looked set to repeat yesterday’s regression. That was, before the Dow Jones opened with a relatively meagre rally, that proved enough to give the FTSE a burst of energy and finish the week in the green. Having dropped by just under a percent by midday, […]

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The price of gold hit a six-week low on Thursday, wavering against the “robust” performance of the US dollar. A lack of additional economic stimulus from central banks has seen investors lose some interest in the precious metal, which is often treated as a safe haven-esque hedge against inflation and market turbulence. August saw gold […]

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The FTSE 100 led the European equities rally for a second consecutive day on on Wednesday, following the public address by Boris Johnson the previous evening, in which the prime minister reiterated his reluctance to implement a second lockdown. With promises to “keep the economy open” and “wrap [his] arms around workers and industries”, the […]

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Slumped in a corner and either trying to forget the previous day, or too battered to recall it, global equities were left adrift on Tuesday, with the FTSE ending up on top of the directionless crowd. Up over a percent at one point, the FTSE finished the day at plus 0.43%, up to 5,829 points. […]

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Somewhat predictably, global equities sprung back from Monday’s painful losses, with European indices booking some modest gains in the early stages of trading. Up 0.74% to 12,635 points, the DAX led the tired charge, having posted the biggest loss on Monday, down 4.37%. Following them was the CAC, up 0.13% to 4,798 points, having dropped […]

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Enjoying a prolonged summer holiday, global equities have finally smelled the coffee, sat up and banged their heads on the Covid second wave reality check. Shedding points at will on Monday morning, the European equities horror show only worsened as the afternoon progressed, as a worse-than-expected Dow Jones open did little but stoke existing anxieties. […]

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Recovering slightly from their morning losses, global equities regained some ground in the afternoon, even as the the Federal Reserve – Fed – and Bank of England – BoE – statements remained fresh in everyone’s minds. After an initially sharp fall, the Dow Jones recovered and then dipped again, down 0.41% or 115 points, to […]

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Surging by 400 points, to 28,050, the Dow Jones rallied by 1.40% on news of a tech sector recovery and what can only be described as Monday ‘M&A-nia’, with two tech-giant buy-ups. The first of these buy-ups saw some hope of the US-China Tik-Tok scuffle being resolved, with multinational computing corporation, Oracle (NYSE:ORCL), beating Microsoft […]

The post Dow Jones gripped by tech M&A-nia: Oracle wins US Tik-Tok and Nvidia buys ARM appeared first on UK Investor Magazine.

In a week of sharp ups and downs, global equities were perhaps ready for a quiet day as Friday swung around, and a quiet day is what they got. The Dow Jones led the pack, up 0.81% to 27,756 points – or put another way, just shy of the 28k mark it has seen as […]

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Continuing much as it began the week, the Pound Sterling continued to drop against its major counterparts, taking both the pound-to-euro and pound-to-dollar exchange rates to respective six-week lows. The exchange rate for the former now stands at a mere 1.1001, while the latter sits at 1.2941. This follows the Pound having consistently rallied against […]

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UK prime minister Boris Johnson hinted that he might renege on January’s Withdrawal Agreement, and in doing so, renewed predictions that a No-Deal Brexit would be the most likely outcome of negotiations with the EU. Also on Monday, a Europe-wide equities rally was led by a booming FTSE. The index had been somewhat spurred on […]

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The FTSE 100 fell on Friday as news of a potential vaccine helped the sentiment but mixed economic data in the form of European PMIs curbed the enthusiasm. London’s leading index touched lows of 5,947 in mid afternoon trading on Friday. “News of a potential Q4 vaccine release from Pfizer is helping to boost stocks, […]

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The price of gold has slipped below the $1,900 per ounce benchmark, reaching a near three-week low of $1,872.19 on Wednesday, while gold futures also slid 2.4% to $1,900. It marks the largest one-day fall since 2013. Just last week, gold prices soared to a record high of $2,075 after sustaining one of its longest […]

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Gold renewed its all-time-high record on Wednesday, only a week or so after breaking its previous record. The price of gold now stands at $2,000 dollars, a real milestone that readies investors for the potential of prices in the $2-3k range in future, but is a continued rally something we can expect? As we stated […]

The post Gold price hits $2,000 but might still be worth investing in appeared first on UK Investor Magazine.

Twitter (NYSE:TWTR) stated that the large-scale hack which took place two weeks ago on its platform, was perpetrated by fraudsters looking to peddle a cryptocurrency scam from the accounts of genuine politicians and celebrities. The hack was carried out via ‘spear-phishing’, whereby Twitter staff open bogus emails which snatch their personal credentials, and allow criminals […]

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Following a torrid half-year that hit oil prices hardest, oil and gas extraction and production company Shell (LON:RDSA) saw its share price dip slightly on what was likely an already priced-in set of woeful half-year trading results. The company reported that income attributable to shareholders had flipped from an $8.99 billion profit for H1 2019, […]

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Bitcoin – the world’s largest cryptocurrency – rose above $10,000 on Monday for the first time in more than 6 weeks, alongside risk asset gold hitting an all-time high of $1,940. According to Bloomberg, Bitcoin opened at $10,169 at 6am in New York, wavered a little in the early trading hours before rallying to $10,335. […]

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Back in February, I predicted the two-year gold price rally was not yet at its peak, and that it would hit $1,800 before it consolidated. Now – perhaps alongside a hat inscribed with ‘captain obvious’ – we can say that even my optimistic predictions were reserved, as gold rallied 2% on Monday, to its all-time-high […]

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Speaking to the UK Investor Magazine, Vindome Consultant and Master of Wine, Roderick Smith, MW, offered his insight into investing into an asset he thinks has the ability to ride out economic instability. He says that fine wine emerged as one of the most robust investments following the 2008 financial crash, and though it’s hard […]

The post Investing in fine wine to beat the pandemic wobble appeared first on UK Investor Magazine.

After a somewhat sore day of trading, global equities were shown mercy with a (very) partial recovery towards the end of the Tuesday session. After being forecast to drop over 200 points, the Dow Jones dipped and then regained ground, down 140 points to 26,147. In the meantime, the S&P 500 and Nasdaq played the […]

The post Global equities stung by US COVID cases and potential second lockdown appeared first on UK Investor Magazine.

The US Labor Department announced a non-farm payroll jump in June, with a monthly all-time-high of 4.8 million jobs created. This surge was led by the reopening of factories and restaurants, and far surpasses both the 2.5 million joining the labour market in May, and the 3 million forecast for new jobs in June. The […]

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The UK’s High Court has ruled against the Venezuelan government in a legal battle over access to $1 billion worth of gold currently held by the Bank of England. Incumbent president Nicolás Maduro launched legal action against the Bank when it refused to hand over the gold, following opposition leader Juan Guaidó’s warning that it […]

The post UK High Court rules against Nicolás Maduro in row over Venezuelan gold appeared first on UK Investor Magazine.

The FTSE 100 index (INDEXFTSE:UKX) has dipped this afternoon by 1.16%, despite being on course to record its best quarter since 2010, at the tail-end of the financial crisis. Ongoing concerns surrounding coronavirus have weighed heavily on markets for the past few weeks, and PM Boris Johnson’s announcement of a New Deal-style spending spree has […]

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Oil prices slipped below $38 per barrel on Thursday as US crude stockpiles swell and fears of a second wave of coronavirus mount across the pond. US benchmark West Texas Intermediate (WTI) dropped to $37.57 at GMT 12:30, having tumbled from a high of $38.46 during the early hours of the morning. Its decline was […]

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The Dow Jones saw a bright start to trading on Tuesday, up 1.08% or 281 points to 26,308. This figure wasn’t quite as impressive as the one analysts were predicting at lunchtime, and this was likely led by underwhelming US PMI data. Instead, The Nasdaq Composite stole the spotlight, with the index hitting its all-time […]

The post Nasdaq at all-time high as tech bubble overrides underwhelming PMI data appeared first on UK Investor Magazine.

The Dow Jones had a tough time deciding where it wanted to go after the bell, with US housing market news neither going one way or the other. After dropping over 150 points, the index bounced, fluctuated and now sits 0.34% up at 25,959 points. The confusion began with the headline that monthly home sales […]

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On the one hand stimulus hopes and Coronavirus treatments, on the other hand geopolitical tensions and a looming second wave. Global equities certainly weren’t short of things to consider on Wednesday, but rather had trouble dealing with contradictory news and mixed sentiments. On one side, markets were running off of the steam of Tuesday’s Fed-based […]

The post Tensions, stimulus and Coronavirus leave global equities caught in two minds appeared first on UK Investor Magazine.

If you ever wished to see an underwhelming arc, you need only look as far as the performance of global equities on Friday. After a horrific Thursday session, indices had an excited start on Friday, before running out of steam in the afternoon and settling fractionally above where they began. Speaking on the optimistic opening, […]

The post Global equities recovery ran out of steam before the final bell appeared first on UK Investor Magazine.

After falling bellow 27,000 points on Wednesday, the Dow Jones followed the FTSE in making notable losses during Thursday trading. This followed a series of bleak Coronavirus updates and the painful Fed and OECD projections double-whammy. During the Thursday session, the US market had to contend with the news that an additional 1.542 million Americans […]

The post Dow Jones dives 1,900 points as US unemployment claims hit 44 million appeared first on UK Investor Magazine.

Multi-commodity mining and natural resource development company Premier African Minerals Limited (LON:PREM) has announced the $104,000 acquisition of a hard-rock lithium portfolio based in Zimbabwe and Mozambique from Lithium Consolidated Ltd (ASX:LI3), following the latter’s shift in focus to projects based in Australia. The acquisition includes 1500 hectares of licenses in Zimbabwe, originally acquired by […]

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After global equities enjoyed cheer and recovery last week, the first half of this week was mired by the wince before the pain – as markets recoiled in anticipation of the Fed 2020 economic projections. “Clearly shaken by the OECD’s own set of dire forecasts, the tentative gains that had started the day were nowhere […]

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The Dow Jones ended the week with another giddy rally, following another set of more-positive-than-expected data on employment. The index bounced 700 points after the bell, briefly touching the 27,000 point mark last seen at the end of February – a far-cry from the sub-18,200 point nadir suffered at the end of the March. “In […]

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The Dow Jones enjoyed a bright start to the session, rallying 400 points to 24,600 points. This was led by some ‘solid’ earnings, lingering vaccine optimism and hopes of further Fed stimulus in coming weeks, and came despite what many pundits described as the ‘Moderna (NASDAQ:MRNA) shuffle’ – the fluctuating price of the stock since […]

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US West Texas Intermediate WTI Oil has sunk to $11.01 per barrel, the lowest level since 1982. Oil has been under pressure throughout the COVID-19crisis and today’s selloff marks a new milestone for 2020’s decline. However, while the headline figure of oil falling to $11.01 suggests a shock to global markets, the underlying market dynamics […]

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The price of oil soared on Thursday afternoon following reports Russia and Saudi Arabia were to agree on a production cut that could amount to 10 million barrels a day. The news was first unveiled by President Trump who put out a tweet following a telephone conversation with ‘his friend’ the Crown Prince of Saudi […]

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Oil prices sunk again on Monday hitting 17-year lows and driving risk-off sentiment in equities as the FTSE 100 started the week in the red. Brent oil for delivery in May fell as low as $19.89 in early Monday trade as concerns about the Saudi/Russia price war continued to put downside pressure on the price. […]

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Sterling rallied against the dollar on Tuesday after an instalment of economic data from Europe which revealed one of the worst contractions in economic activity in history and the Federal Reserve unleashed unlimited stimulus. Sterling rose to $1.1780 on Tuesday as the dollar sank against all major currency pairs. The Euro was also up against […]

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The price of Crude Oil has slumped across the Monday session, as developments in the macroeconomic world unfolded across the weekend. US Crude fell below $30, as the US Federal Reserve decided to cut interests by 100 bps to 0.00% – 0.25% – and notably announced the planned purchasing of $700 billion’s worth of assets. […]

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Buckle up! Normally we dole out quaint titles like ‘Black Monday’ to mark the pinnacle of a market peak or trough, before some sort of consolidation. Well, in that case, we’ve thrown out convention. Thursday marked the most drastic losses for the FTSE since 1987, bringing it down 9.3%. The index now clings on for […]

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Black Monday offered volley upon volley of bad news for investors, with the worst dip in global equities since the financial crash, and the biggest Dow Jones dip in its century-and-a-half-long history. With Brent Crude diving by a third and the Dow shedding 2,000 points after the open, Monday offered little in the way of […]

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Today Brent Crude was down 7% to $46.25 per barrel, a $25 price cut from the first week of 2020, and representing its lowest price since mid-2017. This came on the back of fresh talks between OPEC and Russia, on potential production cuts, with Russia apparently refusing to agree to a deal. The effect this […]

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After the leap year horror show took its fair share of casualties, global equities were keen to defiantly claw back ground, only to be halted as Coronavirus fears gripped the hearts of investors once again. Despite becoming apt at finding any source of optimism to grab onto, markets were knocked back into correction mode on […]

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The FTSE 100 has received a bruising over the last few weeks, as the coronavirus has continued to take its’ toll on global markets. Data from the FTSE Russell confirmed that there had been some shifts within the FTSE 100. Three big names in Kingfisher plc (LON:KGF), TUI AG (LON:TUI) and NMC Health PLC (LON:NMC) […]

The post FTSE 100 promotions and relegations – TUI, NMC and Kingfisher all demoted appeared first on UK Investor Magazine.

Best satirised by the FT, the G7 meeting today was all bun and no filling. Some of the brightest and best minds in economics convened to devise a plan of action to deal with the crippling effect Coronavirus has had on equities and national economies the world-over. It’s fair to say the outcome was about […]

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After inklings of monetary policy responses began trickling out of central banks over the weekend, in an effort to fight the effects of the Coronavirus threat, the huge rallies enjoyed during the Monday session were somewhat hampered by the best efforts of international organisations. The WHO fulfilled its usual obligation – remind everyone the situation […]

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Oil prices have extended their gains across the Tuesday session, following a busy week for commodities and global markets. There have been expectations that central banks could inject a fiscal stimulus to offset the recent impact of the coronavirus, which led to the FTSE 100 dropping to a twelve month low last week. Global ministers […]

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With the seemingly unshakeable Coronavirus working its way across Europe, the FTSE was the worst-hit casualty of a hauntingly bad session for global equities. After spending most of the last month behind its peers, the FTSE spent a few days leading the pack (in recovery mode), before blazing a trail in the opposite direction during […]

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WTI Crude Oil Prices Reverse After Coronavirus Outbreak Midway through February 2020, oil prices are down. The price of WTI crude oil, listed on the Nymex, is approximately $50.65 per barrel, while the price of Brent crude oil, listed on the ICE, is approximately $54.80 per barrel. Futures contracts on crude oil, for delivery in […]

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The FTSE 100 has crashed to a five month low on Tuesday, as it dropped below 7,100 for the first time since October following concerns over the coronavirus. The fall for the FTSE 100 started yesterday, as further fears over the coronavirus continued to take their toll on global stocks and indices. Currently, the FTSE […]

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Oil prices have seen another spike on Tuesday morning, following slumps of almost 4% recorded on Monday. Concerns about the coronavirus are continuing to spread – and a few days back I was here writing about how it looked like the epidemic was under control. This turned out to be a call made too soon […]

The post Oil prices see slight recovery following bleak Monday, as coronavirus fears continue appeared first on UK Investor Magazine.

Awaiting an eventful Friday, Thursday was almost an entirely stagnant session across global equities, with FTSE retaining its place at the top of the pile. The Dow Jones sat shy of its all-time high mark and both the CAC and DAX didn’t move far off of their respective opening positions. For the third day in […]

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Oil prices have jumped across Thursday trading, which has extended gains from the previous session. The price of oil derivatives has been volatile, following both demand and supply issues which have weighed down on global commodities. The coronavirus has been the main demand side factor which has pulled oil prices down – the outbreak reported […]

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Despite the potential for a wobble being brought on by inflation figures and the sluggish Dow Jones open, the FTSE crossed the finish line of the Wednesday session at the head of the pack. Falling just short of a one-week high, the FTSE finished the session at 7450, following a 1.2% bounce. The index’s success […]

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